Social media users have gone agog over speculations that the Electronic Transfer Levy (E-levy) is not meeting government’s expectations.
A leading member of the New Patriotic Party (NPP), Gabby Otchere-Darko, had disclosed that the Electronic Transactions Levy (e-levy) generated less than ¢60 million; close to two months after its implementation.
He said government was expecting about ¢600million.
“What options are open to the government? The question should rather be: what option, if adopted, will re-inject investor confidence in our economy? Even if we find the $3-5 billion required, will that help? E-levy which was to have given us some 600m by now has done less than 60m,” he said in a tweet on Monday, June 27.
In less than 24 hours, social media has gone agog over Mr Otchere-Darko’s revelation.
As many jubilated that the populace have silently resisted the levy, others were quite cynical.
To skeptics, they believed it was a mundane means the government is employing to turn to the International Monetary Fund (IMF) for more money.
“How come the E-levy that was raking in GH₵1 million daily from a single charging entity, fail to push beyond 10% of the target?” a social media user quizzed.
After 5 months of stalemate and bashing, the e-levy, after implementation, is delivering only 10% of estimated revenues; our revenues remain very low as compared to the rest of the world; debt levels dangerously high, cedi, like most currencies, struggling against the US dollar…
— Gabby Otchere-Darko (@GabbyDarko) June 27, 2022
Meanwhile, others have taken a dig at government for the implementation of the E-levy.
From fear delegates to fear citizens. The story of E-levy 😂 #JoySMS pic.twitter.com/5u5GgmwGrK
— Oscar (@MensahOscar) June 28, 2022
Ghanaians swerve government with e-levy. Lol
Kalabuley citizens 😂😂😂😂😂
— B. by Sekumba (@Bridget_Otoo) June 27, 2022
How come the E-levy that was raking in GH₵1 million daily from a single charging entity, fail to push beyond 10% of the target?
Not only are the leaders corrupt, they are also liars
Keep the prayers coming so we can #FixTheCountry— Fixthecountry (@Ghfixthecountry) June 27, 2022
I hear the E-levy estimated revenue nu ato nsuom ! This wanna people be mafia ruff 🤭. The next line of action pls.
— Oscar (@MensahOscar) June 28, 2022
In 4yrs, government had some Gh¢157bn generated through internal revenue. It's sad they now need an opprobrious e-levy to revamp the economy. #AriseGhanaDemo #AriseGhana #SaveGhanaNow
— THE POOREST 🎭🚶♂️🚶♂️🚶♂️ (@THEPOOREST2) June 28, 2022
Ghanaians actually meant it when they said they were not ready for the E-levy.
— Dr. George 💊 (@GeorgeAnagli) June 27, 2022
Slash the salaries of your appointees by 50% to meet the revenue you want to generate from e-levy. #AriseGhanaDemo #AriseGhana #SaveGhanaNow
— THE POOREST 🎭🚶♂️🚶♂️🚶♂️ (@THEPOOREST2) June 28, 2022
