Special Aide to President John Mahama’s 2024 campaign, Joyce Bawah Mogtari has reaffirmed the government’s commitment to abolish the electronic transfer levy (E-levy) and the COVID-19 levy.
“These levies will be scrapped”.
Madam Bawa Mogtari reaffirmed President Mahama’s promise to scrap these levies to ease the financial burden on Ghanaians.
“In a country where several banks have collapsed, some intentionally, mobile money services have become the main avenue for financial transactions. It is critical to ensure that this platform remains accessible and affordable for all.”
She criticized the levy’s 1.5% rate, contrasting it with other countries where similar taxes are capped at 0.5%.
She added that, “many development partners used to distribute resources through mobile money platforms. However, the introduction of the E-levy has disrupted these processes, adding unnecessary strain to an already fragile system,” she explained.
