Each E-Levy and IMF may marginalize the poor- Prof Bokpin

Teacher of Finance at the University or college of Ghana, Godfred Bokpin has described Government’s vacation resort to raising revenue with the electronic transactions levy (E-Levy) as a lazy approach to coping with the difficulties of the economy, incorporating that the push to collect the particular E-Levy does not recognize the particular realities on the ground. Compared to looking for help from the International Financial Fund (IMF), Prof Bokpin thinks they both may negatively affect the poor yet sees the IMF because somewhat better. “I was also not against completely going back to the IMF, it is probably the last resort. All of us do acknowledge that we require revenue, but E-levy is a lot more lazy approach and something that does not recognize the facts on the ground, and we want to make use of E-levy to further depress the indegent. It’s unfortunate. Ghana continues to be to the IMF more than fifteen times and If you mismanage your economy, and you visit the IMF, it comes at a cost because the financial adjustments will likely marginalize the poor, ” he or she said in a CitiFM job interview, Tuesday, February 1, 2022. Meanwhile Government is on the Communication drive, holding city hall meetings to encourage Ghanaians, who seem usually opposed to the E-Levy, to simply accept it and pay once the bill for it is exceeded. Source: MyNewsGh. com/ 2022Send your news stories in order to [email protected] plus via WhatsApp on +233 202452509Related Topics: FeatureGhanaNPP