Mahama Set to Seal the Deal as Parliament Passes Bill to End E-Levy
Bill now heads to President Mahama for final approval as Ghanaians celebrate relief from the digital transaction levy.
Parliament has officially passed a bill to abolish the controversial Electronic Transfer Levy (E-Levy), marking a major shift in Ghana’s tax policy. The decision, made on Wednesday, March 26, has been met with widespread approval from the public.
The bill now awaits the signature of President John Mahama to take full effect. The E-Levy, introduced in 2022 by the previous NPP government, imposed a 1.5% tax on digital transactions, including mobile money and bank transfers. While it was intended to boost revenue for development projects, it faced strong resistance from citizens, businesses, and opposition politicians, who argued that it burdened low-income earners and discouraged digital transactions.
The move to repeal the levy fulfills a key campaign promise by Mahama and the NDC, who pledged to scrap it after securing victory in the 2024 elections. Notably, when the bill was put to a vote in Parliament, it faced no opposition, signaling broad consensus on its removal.
With the bill now on President Mahama’s desk, Ghanaians eagerly await his assent to officially end the levy.
