With the e-levy finally approved, the government must ensure that the proceeds are used for the purpose for which the policy was implemented, according to Lord Mensah, a Professor at the University of Ghana Business School.
On TV3’s News @10 on March 30, he said, “We don’t expect that whatever proceeds that come out of the e-levy will not be used as it is supposed to be.”
He also urged Ghanaians to accept the e-levy as a policy that is here to stay, regardless of their feelings about its approval.
- Lord Mensah declares that the e-levy is here to stay.
- E-levy deductions will begin in May, according to Ofori-Atta.
“I think there is going to be that response where people will start stopping using the platform. I am not a prophet of doom, but the understanding of the the people, as to whether they will be prepared to pay 2 cedis or 3 cedis per transaction that is being made, it will be difficult for them to understand because the value of that 2 cedis might be different at that echelon of transactions.
“So effectively, we are going to get that sensitivity of patronage going down as a result of the price that is being charged. But for me, I think we have gone beyond that kind of back and forth, where we will be thinking about the bill being passed or not.
“We have to look at it as a bill that has come to stay.”
The National Democratic Congress (NDC) lawmakers have sued the Attorney General following the approval of the e-levy by Parliament on Tuesday March 29.
The Minority Leader Haruna Iddrisu described the approval as illegal and unconstitutional because in their view, the Majority did not have the right numbers to pass it.
“This is a charade,” he said at a press conference in Parliament, adding that “there is no E-levy.”
“The majority of less than 137 conducting businesses only proceeded on illegal and unconstitutional business. Parliament did not have the numbers to take any decision that should binding Parliament and Ghanaians,” he added.
But Prof Mensah said nothing will come out of the suit.
“I have heard Minority going to court , I don’t think anything will come out of it because the budget in itself was rejected but then when it went to the Supreme Court, it was unanimous decision, 7:0 [against the plaintiff]. So I don’t think anything new will come out of it,” he said.
