Demand a transparent system to track the usage of E-levy proceeds – Afenyo Markins to Ghanaians

Demand a transparent system to track the usage of E-levy proceeds – Afenyo Markins to Ghanaians

Ghanaians have been encouraged by the legislator for the Effutu constituency, Alexander Afenyo Markin to demand a more transparent system of how proceeds from the E-levy are utilized since it has now been passed into law.

He suggested the need for the Finance Minister to be summoned quarterly before the house every to render an account of the state of funds.

According to him,  this will ensure that the money which has been allocated for major developmental projects and social intervention policies is used for that purpose.

Speaking on the sidelines of the homecoming ceremony organized by the Tertiary Student Confederacy (TESCON) of the University of Education, Winneba, Mr Afenyo-Markin indicated that achieving a transparent system of disbursement will prove to Ghanaians that the monies from the levy have been used for the purpose for which it was established.

‘’Finance minister and Roads minister to be reporting to parliament at least every quarter so that if you are in your village paying momo tax, once you hear in Parliament that the road that was not accessible is going to be constructed, at least you know the money is being put to good use.”

“I think that is the concern of many Ghanaians and that is where we should direct our energies,” Mr Afenyo-Markin noted.

The E-levy is scheduled to introduce a 1.5 per cent tax on electronic money transfers.

President Akufo-Addo on Thursday  31st March 2022 assented to the bill into law after it was passed by Parliament earlier in the week.

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