Paying E-Levy Is Better Than Running To IMF For Loan – Nana Kay
Communication Team Member of the ruling New Patriotic Party, Nana Kwadwo Agyei Yeboah (Nana Kay), has said it is better for Ghanaians to accept to pay the controversial E-Levy than going to IMF for Loan.
According to him, the opposition parties are not educating the public enough on the E-Levy bill.
He said only 30-40% people in the country were paying taxes to support government in its development agenda, an issue he found worrying.
According to him, the taxes being generated were not enough to push government into implementing many projects and programmes it has outlined.
“There is money in this country. Between generating our own revenue as a state which is interest-free and going for loans that come with heavy interests, which one do we prefer as a nation”, he questioned persons opposing the electronic transaction levy,’’ Nana Kwadwo Agyei Yeboah (Nana Kay) exclusively told Neat FM
‘’It is time that revenue generation measures were expanded to rake in more people in to help in the development plans of government.’’
Nana Kay noted that running to the International Monetary Fund for a bailout has far more damning consequences on the nation compared to the disadvantages of the e-levy.
He noted that the electronic levy was just a smart way of getting more people to pay some direct tax to government so that it could expand programmes it is already engaged in and to also sponsor the job creating agenda for the youth as catalogued in the recent budget statement.
He said the telecommunications companies have been charging revenue on services on their networks even though they do not directly carry out development projects for the country.
