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Cancel e-levy if you’re going to IMF- Okudzeto Ablakwa tells Akufo-Addo

Joseph Marfo by Joseph Marfo
July 1, 2022
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Cancel e-levy if you’re going to IMF- Okudzeto Ablakwa tells Akufo-Addo
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Samuel Okudzeto Ablakwa, the Member of Parliament for North Tongu has urged the Nana Akufo-Addo led administration to scrap the e-levy if it has finally decided to go to the International Monetary Fund (IMF).

He explained that the government gave two options to Ghanaians, either to implement the e-levy or to go to the IMF to tackle the economic challenges.

The e-levy, he said, was finally chosen by the administration therefore, what an honest government should do after deciding to resort to the IMF, is to scrap the e-levy immediately.

“You gave Ghanaians two options: E-Levy or IMF. Having opted for the IMF, any honest government will scrap the unconstitutional and repugnant E-Levy immediately,” Mr Ablakwa tweeted on Friday July 1 after President Nana Addo Dankwa Akufo-Addo instructed his Finance Minister Ken Ofori-Atta to commence formal engagements with the IMF inviting the Fund to support an economic programme put together by the Government of Ghana.

You gave Ghanaians two options: E-Levy or IMF.

Having opted for the IMF, any honest government will scrap the unconstitutional and repugnant E-Levy immediately.

— Sam Okudzeto Ablakwa (@S_OkudzetoAblak) July 1, 2022

The instruction followed a telephone conversation between the President and the IMF Managing Director, Miss Kristalina Georgieva, conveying Ghana’s decision to engage with the Fund.

The Ministry of Information announced this in a statement on Friday July 1.

A Deputy Minister of Finance, Mr John Kumah said an IMF programme will help the country to come out from the economic challenges faster.

He said the government hopes that the programme will benefit the country.

“Our objective as government is to restore confidence in the economy and rebound it from the difficulty, from the challenges, not only in Ghana but almost all economies around the world.

“We believe that where we stand now, an IMF intervention will help us come out quicker than we could. We hope that it will benefit the country,” he told TV3’s Komla Adom on the mid day news on Friday July 1.

Credit: 3news.com

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