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President Mahama Fulfills Key Campaign Pledge, Assents to Abolishment of Betting Tax, E-Levy, and Emissions Tax

6 months ago
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President Mahama Fulfills Key Campaign Pledge, Assents to Abolishment of Betting Tax, E-Levy, and Emissions Tax

President John Dramani Mahama has fulfilled a major campaign promise by signing into law a set of amended bills that abolish the betting tax, e-Levy, and emissions tax, among others.

The signing, completed in his office, marks a significant step in his administration’s efforts to reduce the financial burden on Ghanaians and drive economic growth.

The removal of these taxes was a central promise in the National Democratic Congress (NDC)’s manifesto, aimed at easing the cost of living and encouraging business expansion.

Parliament on Wednesday, March 26, passed a bill to abolish the controversial Electronic Transfer Levy (E-Levy). The repeal of the E-Levy has been widely welcomed by Ghanaians, who strongly opposed the tax.

The levy, introduced in 2022 by the previous New Patriotic Party (NPP) administration, imposed a 1.5% tax on electronic transactions, including mobile money transfers, bank transfers, and online payments.

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Since its introduction, there have been protests and public outcry, with critics arguing that it disproportionately affected low-income earners and the unbanked population.

Tags: and Emissions TaxAssents to Abolishment of Betting TaxE-LevyPresident MahamaPresident Mahama Fulfills Key Campaign Pledge

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