• About
  • Advertise
  • Privacy & Policy
  • Contact
The Herald Ghana
Advertisement
  • Home
  • General
  • Entertainment
  • Politics
  • Editorial
  • Business
  • Sports
  • Feature
  • Health
  • World
No Result
View All Result
  • Home
  • General
  • Entertainment
  • Politics
  • Editorial
  • Business
  • Sports
  • Feature
  • Health
  • World
No Result
View All Result
The Herald Ghana
No Result
View All Result

E-Levy, John Boadu’s ignorance and reality

December 1, 2021
Reading Time: 2 mins read
0 0

Well-meaning and informed Ghanaians,are skeptical about the argument that the introduction of the E-Levy, is the most sustainable way for boosting public finances because the government cannot afford to borrow more at this time to fund projects.

For them, it is more like a broken record. It is a story they have heard anytime government introduces a new tax or increases an existing one.

In the considered opinion of this newspaper, leakages have contributed significantly to the low revenue base of the country, not forgetting corruption and mismanagement.

Every year, the Auditor General’s report, exposes the graft that goes on in the Ministries, Departments, agencies, as well as metropolitan, municipal and district assemblies, yet no one is held to account for anything.

RelatedPosts

E-Levy: Proceeds hit GH¢328m – GRA

Ofori-Atta hints of plans to review E-Levy to ensure compliance

E-levy: New data from Finance Ministry shows government rakes in less than 7% of target

We recall that, the Auditor General, said in his latest report released in August this year that, a total amount of ¢12.85 billion irregularities equivalent of $918.28 million was committed in 2020 by public boards, corporations and other statutory institutions.

According to the report, the irregularities include outstanding debtors, cash irregularities, payroll irregularities, tax irregularities, procurement irregularities, stores irregularities and contract irregularities.

From the report, the total irregularities figure of ¢718.08 million in 2016 increased to ¢12.002 billion in 2017. The irregularities declined by ¢8.99 billion in 2018 to ¢3.007 billion.

However, the total irregularities increased by 81.8% from the 2018 figure of ¢3.007 billion to ¢5.46 billion in 2019.

Instead of putting more burden on the already stressed economy, due partly to the effect of Covid-19, the government should find ways of blocking leakages and corruption.

Additionally, the government should also look for other creative ways of improving revenue other than the dilatory approach of increasing or adding more taxes.

Meanwhile, the General Secretary of the governing New Patriotic Party (NPP), John Boadu, who should have been in parliament to lend support to his Members of Parliament, has found his voice and is also commenting on the 2022 budget and condemning the minority, instead of advising the government to beam its searchlight on fighting corruption.

In the considered opinion of this newspaper, this tax is obnoxious, insensitive and capable of placing more financial burden on the ordinary Ghanaian who is already suffering the hardship brought by rising food prices and general cost of living.

Get real time update about this post categories directly on your device, subscribe now.

Unsubscribe
Previous Post

Pop-Up Exhibition In Dr Martin Luther King Jr Building

Next Post

Barbados Becomes A Republic And Parts Ways With The Queen

RelatedPosts

E-Levy: Proceeds hit GH¢328m – GRA

E-Levy: Proceeds hit GH¢328m – GRA

5 months ago

Ofori-Atta hints of plans to review E-Levy to ensure compliance

6 months ago

E-levy: New data from Finance Ministry shows government rakes in less than 7% of target

7 months ago

E-levy target revised downwards from ¢6.9bn to ¢611m

8 months ago

Why Blame NDC Minority for Ghanaians refusal to pay E-Levy; a tax which is not compulsory

8 months ago

Police admit to planting informant in Oliver Barker-Vormawor’s cell

8 months ago
Next Post

Barbados Becomes A Republic And Parts Ways With The Queen

Emma Coronel: Wife Of Kingpin El Chapo Sentenced To Three Years

GES, Partners Zoomlion To Step Up Sanitation Education In SHSs

Leave Comment
No Result
View All Result

Recent Posts

  • Dr Anthony Osei Akoto dies aged 64
  • No one can unseat me as Tamale South MP – Haruna Iddrisu
  • Funke Akindele loses election, deletes all politics related posts from Instagram account
  • Parliament pays GH¢8.5m out of GH¢13m owed ECG to avoid disconnection
  • 2 Ghanaian students honoured for topping West Africa in 2022 WASSCE
  • About
  • Advertise
  • Privacy & Policy
  • Contact

Copyright © 2022 The Herald Ghana. All Rights Reserved

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

Copyright © 2022 The Herald Ghana. 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