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Showing posts from February 2, 2022

E-levy regressive; national dialogue needed on Ghana’s return to IMF – Bokpin

  Economist and Finance Lecturer at the University of Ghana Business School (UGBS), Prof. Godfred Bokpin, wants the government to tread cautiously in its pursuit to raise revenue to salvage the economy. He says ongoing discussions on the imposition of the Electronic Transaction Levy and the country’s possible return to the International Monetary Fund (IMF) should be well-thought through. Speaking on   Eyewitness News , Prof. Godfred Bokpin, who is strongly in opposition to the E-levy advocated for home-grown solutions, also called for a national consultative dialogue on whether Ghana should fall back to the IMF in these crucial moments. “I don’t support E-levy because it is not the way to go. It’s regressive and even if it’s passed, it’s not Ghana’s solution. But for going back to IMF, let’s have a national conversation around it. Let’s have a home-grown way with clear benchmark indicators and requirements. That cannot support this large government and wasteful expenditures. This is th