E-levy finally passed by Parliament

The much-hated Electronic Transaction Levy has finally been passed by Parliament.

The controversial bill was passed after Minority Caucus in the House staged a walkout before the second reading of the Bill.

All the proposed amendments standing in the name of some Minority MPs were withdrawn because none of them was present to move those amendments in their name.

The Speaker of Parliament, Alban Bagbin, said he was surprised by the Minority walkout but indicated that it would not affect the course of proceedings.

The levy, which was amended from 1.75 percent to 1.5 percent today, Tuesday, March 29, 2022, will be a tax on electronic transactions, which includes mobile-money payments.