The Minister for Communications and Digitalisation, Ursula Owusu-Ekuful, says Ghana cannot afford to keep begging or borrowing money to fund its development.
For this reason, she says the country’s only option for raising additional revenue is to pass the 1.75% E-levy on financial transactions.
Speaking at the government’s town hall meeting on the controversial levy at Koforidua in the Eastern Region, she said the E-levy will give Ghana the much needed resources to undertake its many developmental plans.
“If the funds are not generated internally, we either have to go and beg for aid or borrow and we cannot continue to borrow to finance our development. Ghana is seeking to meet its agenda of a Ghana beyond aid and this requires all of us to support the e-levy and contribute our quota to national development,” she said.