Economist calls for re-engineering of e-levy
Economist and Cleric Samuel Worlanyo Mensah has called for the re-engineering and reintroduction of the Electronic Transfer Levy (e-Levy) as a potential source of funding for the government’s development programmes. The post Economist calls for re-engineering of e-levy appeared first on Ghana Business News .
Rev Dr Worlanyo Economist and Cleric Samuel Worlanyo Mensah has urged the re-engineering and reinstatement of the Electronic Transfer Levy (e-Levy) as a potential source of funding for Ghana's development programs, according to an interview with the Ghana News Agency (GNA). The e-Levy was launched in Ghana on May 1, 2022, under the New Patriotic Party's presidency led by President Nana Addo Dankwa Akufo-Addo, aiming to capture economic activity in the informal sector and boost domestic revenue collection.
President John Dramani Mahama, elected in December 2024 on the National Democratic Congress (NDC) ticket, signed legislation repealing the e-levy, the betting tax, and the emissions levy on April 2, 2025, to address concerns over financial pressure on citizens. Mensah, who serves as the Executive Director of the Centre for Greater Impact Africa, highlighted the significance of the digital economy in modern economic development and the need to explore sustainable, homegrown revenue mobilisation strategies in light of global economic uncertainties and the high expectations of Ghanaians for improved infrastructure and social services.
Despite the e-Levy's repeal, Mensah believes the evolving economic landscape requires a reassessment of the policy, suggesting that a stronger, more accountable digital taxation system could generate additional resources to tackle Ghana's developmental deficits. He proposed organizing town hall meetings to build public consensus and support for any decision to reintroduce the levy, emphasizing the importance of linking revenue generation to specific development projects.
Written by urgent.news from Ghana Business News's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
