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Government Target to Earn Over GHC 500m Monthly From Mobile Money Tax – Ursula Owusu

The newly introduced e-levy tax is expected to generate over GHC500 million per month for the government. Ursula Owusu, the Minister of Communication and Digitalization, revealed this information.

She went on to say that the e-levy tax is likely to generate over GHC9 billion a year for the government.

The e-levy, according to the Minister of Finance, will replace the abolishment of road tolls. He made this remark when delivering the 2022 budget at Parliament.

Taxes generated by the e-levy would help governments in bolstering revenue inflows to finance road construction around the country.

Mrs. Ekulful believes that imposing an e-levy tax is a wise method to earn revenue. This money would be used to help the country develop. She made this comment while speaking on Gh Today on GHOne TV on November,18,2021.

Majority of transactions and business, according to her, have moved online.It is important that that sector receives attention in order to generate excess capital for nation-building.

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