Chartered Economist Dr. Samuel Worlanyo Mensah has expressed concerns about the government’s recent decision to abolish the E-Levy, betting tax, and emission tax, warning that it could negatively impact future revenue generation efforts.
He emphasized the importance of harnessing the digital economy for national growth but questioned the lack of alternative measures to replace these taxes.
Dr. Mensah suggested that while the decision might be politically motivated, its timing raises concerns, urging that the issue be addressed in the 2026 budget to allow for more thorough economic planning.
“While in the era of globalization and development, I believe the global economy is growing very fast and shifting to more or less a digital economy. The digital economy will look at the possible ways and means for which you can tax operations within the digital space.”
“So I was surprised when the government abrogated the contract with Ghanaians as far as the E-levy is concerned. In some few years to come, we’ll regret that; we may want to come back to it because the world is moving on a global and digital space, so we should be ready to find ways and means of harnessing revenue for national development.
The government should have been able to put alternative measures in place before cutting the so-called nuisance taxes,”
