E-Levy and Betting Tax Scrapped for Financial Inclusion — Deputy Finance Minister Explains
Government's move aims to enhance financial inclusion and ease economic burdens.
Deputy Finance Minister Thomas Ampem Nyarko has defended the government’s decision to scrap the Electronic Levy (E-Levy), betting tax, and other levies, stating it aligns with President John Dramani Mahama’s campaign promises to promote financial inclusion.
In an interview, Ampem Nyarko emphasized that the removal of these taxes was not just a political decision but a necessary step to fulfill Mahama’s commitment to Ghanaians.
He stressed that eliminating the E-Levy, which had faced widespread criticism for discouraging digital transactions, was vital to improving financial accessibility and economic participation.
“We promised to remove these taxes, and we have delivered. This is not just about politics; it is about respecting the social contract with Ghanaians and addressing deeper economic challenges,” Ampem Nyarko explained.
The government’s decision aims to stimulate digital transactions, reduce financial burdens, and create a more inclusive economy.
