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Census: 70.38% Ghanaians to stop using MoMo over E-Levy bill.

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Census: 70.38% Ghanaians to stop using MoMo over E-Levy bill. 56

 

 

2600 respondents stated during an online poll conducted by GhanaWeb that they would stop using Mobile money when the E-Levy bill is passed.

973 people, representing 26.16% of the respondents said they will continue to use MoMo despite the tax imposed on it.

Meanwhile, the bill was passed by the majority in Parliament on Tuesday, March 29, 2022.

26.16% of respondents will make use MoMo despite E-Levy. 3,720 people took part in GhanaWeb’s just ended poll

An online poll conducted by GhanaWeb has shown that over 2,600 people will stop using Mobile Money (MoMo) transactions following the passage of the infamous E-Levy.

973 people, representing 26.16% of the respondents said they will continue to use MoMo despite the tax imposed on it.

129 people representing 3.47% who took part in the poll stated they don’t know whether or not they’ll load monies onto their MoMo wallet or send money to others via electronic means.

The total votes cast for the just-ended poll was 3,720.

On November 17, 2021, Finance Minister, Ken Ofori-Atta, during the 2022 budget reading in parliament, announced the introduction of 1.75% tax on all electronic transactions.

According to him, this new directive forms part of strategies to widen the country’s tax net.

He added that the E-Levy tax is also to enhance financial inclusion and protect the vulnerable in the country.

The announcement of the E-Levy was fraught with several controversies, with many Ghanaians, including the Minority in parliament kicking against it.

The E-Levy bill was subsequently withdrawn from parliament and currently, the E-Levy has been reviewed downwards to 1.5% from 1.75%.

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