• Home
  • General
  • Entertainment
  • Politics
  • Business
  • Sports
  • Editorial
  • Health
  • World
  • Feature
The Herald Ghana
Advertisement
  • Home
  • General
  • Entertainment
  • Politics
  • Business
  • Sports
  • Editorial
  • Health
  • World
  • Feature
No Result
View All Result
  • Home
  • General
  • Entertainment
  • Politics
  • Business
  • Sports
  • Editorial
  • Health
  • World
  • Feature
No Result
View All Result
The Herald Ghana
No Result
View All Result
Home General

Disaster coming if E-levy is not passed – Ofori-Atta

January 28, 2022
Reading Time: 2 mins read
Disaster coming if E-levy is not passed – Ofori-Atta

The Minister of Finance, Ken Ofori-Atta has predicted economic disaster for Ghana if Parliament does not pass the Electronic Transfer Levy (E-levy).

According to him, there are already some unfavorable signals from global ratings that need to be worked on to avoid consequences.

“If we don’t do this E-levy, we are just pushing ourselves in a way that would potentially end up in such a disaster. There was a warning because last week was a very difficult week for the country,” he predicted.

The Minister made these statements during the government’s town-hall meeting on E-levy held at the Eastern Regional Capital – Koforidua Thursday, 27th January 2022.

RelatedPosts

No Content Available

He continued “Last week we got downgraded by Fitch because they do not believe we could raise the revenues that we had forecasted because we were fighting about E-levy. So we need to moderate that because the consequences are quick.”

Meanwhile, the meeting between government and the Minority in Parliament held on Thursday, 27th January 2022 over the controversial E-Levy has ended inconclusively.

The Government side led by Finance Minister Ken Ofori-Atta maintained the1.75% rate of the levy will not change. The position of the Finance Minister, Starr News has learnt, got the Minority to question the essence of the engagement in the first place.

The two sides have however resolved to have further engagements on the matter.

The Minority side was led by its leader Haruna Iddrisu, Chief whip Muntaka Mubarak and other leaders.

Previous Post

Marine Drive Project: Devt Does Not Mean Destroying Heritage, Cultural Site- Zanetor Rawlings

Next Post

Minority rejects reduction of E-levy, wants it dropped completely

RelatedPosts

No Content Available
Next Post
Minority rejects reduction of E-levy, wants it dropped completely

Minority rejects reduction of E-levy, wants it dropped completely

Road tolls coming back.. Ken Ofori-Atta

Road tolls coming back.. Ken Ofori-Atta

Fix Worsen  Socio-economic  Inequalities Else…..

Fix Worsen  Socio-economic  Inequalities Else…..

Leave Comment

Recent Posts

  • Expert at Tony Blair Institute warns Ghana to scale up surveillance against Monkeypox
  • Monkeypox virus: Abu Dhabi and Dubai step up monitoring
  • Mere affiliations with grade ‘A’ secondary schools not panacea to changing the plight of grade ‘C’ school
  • Encourage Jacob Caesar to bring more tigers to boost tourism – BullGod
  • Lil Win shares photos of his traditional wedding

Recent Comments

No comments to show.

Recent News

Monkeypox virus: Abu Dhabi and Dubai step up monitoring

Expert at Tony Blair Institute warns Ghana to scale up surveillance against Monkeypox

May 22, 2022
Monkeypox virus: Abu Dhabi and Dubai step up monitoring

Monkeypox virus: Abu Dhabi and Dubai step up monitoring

May 22, 2022
  • Email: theheraldghana@gmail.com
  • Call / WhatsApp: 0554440944

Copyright © 2021 The Herald. All Rights Reserved

No Result
View All Result
  • Home
  • General
  • Entertainment
  • Politics
  • Business
  • Sports
  • Editorial
  • Health
  • World
  • Feature

Copyright © 2021 The Herald. All Rights Reserved

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist