President Nana Addo Dankwa Akufo-Addo says he is happy that the controversial Electronic Transaction Levy has finally been passed by Parliament.

 

He made this known while reading the State of the Nation Address today, Wednesday, March 30.

The much-hated E-levy was passed by Parliament on Tuesday, March 29 despite Minority Caucus staging a walking after the second reading of the bill.

President Akufo-Addo in his address said “Mr. Speaker, despite the protracted and sometimes acrimonious nature of proceedings, I am happy that the House has, finally, found it possible to pass the e-levy. I believe the levy is going to make a significant contribution to revenue mobilisation and the management of the economy, and I want to thank Members of the House for making this possible.

“The road to recovery will be hard and long, Mr. Speaker, but we have started on a good footing by accepting that we are in a difficult place, and are taking the difficult decisions that will get us out.

“If anyone ever had any doubts about the need to be self-reliant, the point has now been forcibly drilled home to us. The pursuit of the Ghana Beyond Aid agenda is even more compelling now.

“I have no doubts whatsoever that we have it in us to build the Ghana of our dreams. I saw the spirit of togetherness and the willingness to help each other when COVID struck. We looked out for each other.

“I saw the sense of enterprise and innovation of the Ghanaian. I saw our manufacturers quickly adapt their plants to produce sanitizers and our tailors equally quickly displayed the innovation they had always been known for, by turning face masks into fashion items.”