• About
  • Advertise
  • Privacy Policy
  • Contact
Thursday, October 23, 2025
  • Login
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
No Result
View All Result

Introduction Of E-levy Due To Post COVID Economy- Fatima Abubakar

M.Cby M.C
January 31, 2022
Reading Time: 3 mins read
M.Cby M.C
in General News
0
Introduction Of E-levy Due To Post COVID Economy- Fatima Abubakar

Deputy Information Minister, Fatima Abubakar

The Deputy Information Minister, Fatima Abubakar, has intimated that the introduction of the E-levy is because the nation is in a post COVID economy and not in normal times.

According to the Minister, it is not a characteristic of government to burden Ghanaians that is why the E-levy is being introduced deal with the economy, post COVID.

“A lot of Ghanaians were complaining that we don’t have to borrow because we are borrowing too much. If we are not borrowing, we are either doing burden sharing or we are begging.”

Fatima Abubakar

Fatima Abubakar disclosed that what COVID did to the Ghanaian and the global economy at large is that more resources are required to take care of a nation’s expenditure. As a result, she stated that it’s either the nation is raising resources domestically or “you are going to borrow or you go to IMF”.

RelatedPosts

Competent AGs Prosecute in Court, Minority Chides AG

ORAL Must Move Beyond Catch-Up to a Robust Mechanism to End Looting – Analyst

Minority Accuses Government of Running Away from Anti-LGBTQ+ Bill

“So, basically these are the options available to the various governments around the world or you cut your expenditure.”

Fatima Abubakar
Payment Solution
E-payment transaction ongoing

According to the Deputy Minister, she believes government is committed to engaging a lot of people on the E-levy introduction for reasons being that President Akufo-Addo informed Ghanaians that the way he wants to move forward with the economy is to move from taxation to production.

“You would realize that as soon as he assumed office, some seventeen taxes that we persist to be nuisance taxes were removed so that Ghanaians will not have to suffer with the issue of taxation. And in place, we wanted to create a business friendly environment so that people can do business and that is the reason why special import levy was removed, 5 percent VAT on real estates was removed amongst others.”

Fatima Abubakar
28423305.295
Angela Alorwa Tay, Member of Parliament for Afadjato South
Minority’s stand on E-levy

Speaking on the E-levy, Angela Alorwa Tay, Member of Parliament for Afadjato South stated that the minority has the right to stand for what they believe in Parliament and what will also affect the very poor in society, resulting in their opposition to the E-levy.

Angel Tay indicated that the Minority has never been this firm in Parliament since 2017 till date until the E-levy came to Parliament. She noted that the Minority has supported government in carrying out its duties, approving of taxes and has never opposed everything that government has brought to the house but rather supported in doing business just for the good of the people in the country.

ADVERTISEMENT

She intimated that the nation together with the MPs deserve to know what the nation’s monies are being used for.

“When the E-levy bill came, we asked questions. One of the questions we asked was that on what figure or who pays the levy? We didn’t get an answer. Then they came up to tell us the telcos have agreed to do 0.25 off their 1 percent charge on the fee. We are saying that we can cut down on expenditure especially the Presidency.”

Angela Alorwa Tay

Read Also: Russia-Germany gas Pipeline now a Geopolitical Device

Tags: ElevyExpenditueGhana NewsminorityTaxes
Please login to join discussion
Previous Post

Photos of North Korea Missile Test Released from Space

Next Post

Miss USA 2019, Cheslie Kryst Commits Suicide

Subscription Form

Related Posts

Competent AGs Prosecute in Court, Minority Chides AG
General News

Competent AGs Prosecute in Court, Minority Chides AG

October 23, 2025
President Mahama handingover ORAL Committee's findings to Attorney General and Minister for Justice Dr Dominic Ayine
General News

ORAL Must Move Beyond Catch-Up to a Robust Mechanism to End Looting – Analyst

October 23, 2025
Minority Accuses Government of Running Away from Anti-LGBTQ+ Bill
General News

Minority Accuses Government of Running Away from Anti-LGBTQ+ Bill

October 22, 2025
Attorney-General Dismisses Pressure Claims, Reaffirms Independence of Justice Ministry
General News

Attorney-General Dismisses Pressure Claims, Reaffirms Independence of Justice Ministry

October 22, 2025
ORAL Prosecutions: Allow AG To Hasten Slowly – Yendi MP
General News

AG to Charge Fmr Buffer Stock CEO and Wife with Multiple Criminal Charges

October 23, 2025
Ghana’s Attorney General and Minister for Justice, Dr. Dominic Akuritinga Ayine
General News

AG Exposes Lavish Real Estate Empire Built from Buffer Stock Loot, Dozens of Properties Frozen

October 23, 2025
Treasury Issues Sanctions Targeting Entities Linked To Iran’s Defence Industry
USA

US Hits Russia’s Oil Giants With Sanctions

by Comfort AmpomaaOctober 23, 2025
ECG to Pay Over GHS400 Million to Sector Player
Extractives/Energy

IMANI Warns Ghana’s Utility Sector Faces Collapse Without Realistic Tariffs 

by Prince AgyapongOctober 23, 2025
Competent AGs Prosecute in Court, Minority Chides AG
General News

Competent AGs Prosecute in Court, Minority Chides AG

by Emmanuel Tibila BoasahOctober 23, 2025
President Mahama handingover ORAL Committee's findings to Attorney General and Minister for Justice Dr Dominic Ayine
General News

ORAL Must Move Beyond Catch-Up to a Robust Mechanism to End Looting – Analyst

by evansjrOctober 23, 2025
Jubilee Field offshore
Extractives/Energy

Ghana Urged to Boost Petroleum Investment to Realise $16bn Market Potential 

by Prince AgyapongOctober 23, 2025
GSE Tumbles as Benchmark Index Sheds Over 20 Points in Midweek Shake-Up
Securities/Markets

GSE Tumbles as Benchmark Index Sheds Over 20 Points in Midweek Shake-Up

by M.COctober 23, 2025
Treasury Issues Sanctions Targeting Entities Linked To Iran’s Defence Industry
ECG to Pay Over GHS400 Million to Sector Player
Competent AGs Prosecute in Court, Minority Chides AG
President Mahama handingover ORAL Committee's findings to Attorney General and Minister for Justice Dr Dominic Ayine
Jubilee Field offshore
GSE Tumbles as Benchmark Index Sheds Over 20 Points in Midweek Shake-Up

Recent News

Treasury Issues Sanctions Targeting Entities Linked To Iran’s Defence Industry

US Hits Russia’s Oil Giants With Sanctions

October 23, 2025
ECG to Pay Over GHS400 Million to Sector Player

IMANI Warns Ghana’s Utility Sector Faces Collapse Without Realistic Tariffs 

October 23, 2025
Competent AGs Prosecute in Court, Minority Chides AG

Competent AGs Prosecute in Court, Minority Chides AG

October 23, 2025
President Mahama handingover ORAL Committee's findings to Attorney General and Minister for Justice Dr Dominic Ayine

ORAL Must Move Beyond Catch-Up to a Robust Mechanism to End Looting – Analyst

October 23, 2025
Jubilee Field offshore

Ghana Urged to Boost Petroleum Investment to Realise $16bn Market Potential 

October 23, 2025
GSE Tumbles as Benchmark Index Sheds Over 20 Points in Midweek Shake-Up

GSE Tumbles as Benchmark Index Sheds Over 20 Points in Midweek Shake-Up

October 23, 2025
The Vaultz News

Copyright © 2025 The Vaultz News. All rights reserved.

Navigate Site

  • About
  • Advertise
  • Privacy Policy
  • Contact

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2D
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships

Copyright © 2025 The Vaultz News. All rights reserved.

Discover the Details behind the story

Get an in-depth analysis of the news from our top editors

Enter your email address