Home Business E-Levy has been approved by parliament already – Majority leader claims

E-Levy has been approved by parliament already – Majority leader claims

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Osei Kyei-Mensah-Bonsu, MP, Suame Constituency

Minister for Parliamentary Affairs and Majority leader in Parliament, Osei Kyei-Mensah-Bonsu has disclosed that the controversial Electronic Transaction Levy (E-levy) has already been approved by parliament.

This claim from the Member of Parliament for Suame in the Ashanti Region follows the entrenched position of the Minority in Parliament to vehemently oppose the levy due to the economic hardships in the country.

Speaking at a Capacity Building Workshop for ministers of state and members of parliament on the majority side, Osei Kyei-Mensa-Bonsu explained that he cannot fathom the current position of the minority to oppose the E-levy after the house has adopted the motion to approve the budget which already contains the E-levy as a policy of government.

According to him, the approval of the 2022 Budget Statement and Economic Policy of government is the first step in approving the E-levy.

He further stated that the approval of the estimates of the budget is also an indication that the E-levy has been approved since the estimates took into consideration the receivables of the controversial levy opposed by this same minority.

To him, the only outstanding hurdle on the E-levy is for Parliament to give it a legislative backing.

“The difficulty for me is when people are kicking against the e-levy when you know that in the adoption of the motion to approve the budget which contains the e-levy as a policy, we approved of that so it means that the first step has already been mounted. The receivables of the e-levy have been factored into the various estimates approved for all the sectors. That is the second thing we did. Thirdly, we encapsulated everything into the appropriations bill and passed it unanimously”, he explained.

Meanwhile, Finance Minister, Ken Ofori-Atta in a press interaction last week announced that the Electronic-levy component of the 2022 Budget will be re-submitted to Parliament for approval in January.

According to the Finance Minister, this decision follows extensive consultation with stakeholders and the agreement reached with telecommunication operators to reduce Mobile Money charges by 0.25 per cent so as to reduce the overall net impact of the levy on subscribers.

“We look forward to joining hands with our honourable Members of Parliament to approve the E-Levy on a consensus basis so we can collectively address the big issue of unemployment, debt sustainability and infrastructure build up,” he said at a media briefing in Accra, on Wednesday.

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