President John Dramani Mahama has fulfilled a significant campaign promise by signing into law a series of amended bills that abolish the betting tax, e-Levy, emissions tax, and more.
The signing, completed in his office, represents a key milestone in his administration’s efforts to reduce the financial burden on Ghanaians and stimulate economic growth.
The removal of these taxes was a central promise in the National Democratic Congress (NDC) manifesto, aimed at alleviating the cost of living and fostering business growth.
On Wednesday, March 26, Parliament passed a bill to abolish the widely criticized Electronic Transfer Levy (e-Levy), a move that has been warmly received by the public.
Introduced in 2022 by the previous New Patriotic Party (NPP) government, the e-levy imposed a 1.5% tax on electronic transactions, including mobile money transfers, bank transfers, and online payments.
The levy faced significant opposition, with many arguing that it disproportionately impacted low-income earners and the unbanked population, sparking widespread protests and public outcry.
