E-levy will be scrapped immediately – Dr.Ato Forson

Minister for Finance Designate, Dr.Casiel Ato Forson has assured Ghanaians that the E-Levy introduced by the past government will be scrapped immediately.

According to him, his position on the E-Levy has not changed.

He said it should not always be about revenue, adding that there is also the need to look at expenditure.

The Minister for Finance Designate stressed that the tax had not produced the expected revenue and had instead burdened the sector without benefiting the broader economy.

Against this backdrop, Dr Forson also reiterated his strong stance on the controversial E-levy, saying his position on the matter had not changed.

“My position on the e-levy is well known. I have written articles about it, and my position has not changed,” he stated.

He raised concerns about the classification of the levy, calling it neither a direct nor an indirect tax. “I don’t know how to classify it,” he added, questioning its efficacy in the current fiscal system.

This notwithstanding, he said, the E-levy must go and will be scrapped immediately.

By Edem Mensah-Tsotorme