Ghana passes controversial tax bill after opposition walkout
Al JazeeraGhana is struggling to revive its economy from the fallout of the coronavirus pandemic and the Russia-Ukraine conflict. The Ghanaian Parliament has approved a new electronic transaction tax which the government says will help raise $900m in much-needed revenue but which has sparked widespread popular criticism. But for many Ghanaians, the tax represents yet another burden as they are already struggling with high living costs heightened by soaring fuel prices due to the Ukraine crisis. Earlier, Finance Minister Ken Ofori-Atta said the government had already reduced the proposed tax from 1.75 percent to 1.5 percent after consultations, adding that it will bring in projected revenues of $927.5m. “The people have roundly rejected the e-levy and our constituents have told us to reject it, so why is the president imposing it on us?” said opposition NDC party parliamentarian Isaac Adongo.
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