Saturday, December 18, 2021

#GHANA: Government Budget Voted Down Over Electronic Tax Proposal

[world politics news]


Ghana’s minority lawmakers rejected next year’s budget proposal over a new levy on electronic money transfers after majority members walked out in protest.

The country’s hung parliament had been deliberating the spending plan proposed by Finance Minister Ken Ofori-Atta, which introduces a 1.75% levy on digital transactions, including mobile-money payments, which has become an indispensable part of how people pay for goods and services using their phones.

“The e-levy is the cornerstone of this budget,” Majority Leader Osei Kyei-Mensah Bonsu said before the walkout. “Where are we going to get the money to do the roads?”

[FULL STORY HERE]

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