Government utilizes E-Levy as legitimization against IMF bailout
Government begins IMF bailout process
Web-based entertainment clients call for E-Levy inversion
The Ministry of Information has declared a choice by the public authority of Ghana to look for an IMF bailout following a while of turning down the thought.
The public authority, while invalidating ideas of a potential IMF bailout more than a while, contended energetically to acquire parliamentary endorsement and executed a 1.5% duty on every single Electronic Transfer.
Known as the E-Levy, the new duty strategy was promoted as a virtuoso local income preparation instrument that could fix the country’s financial footings.
Around one month after its execution, the E-Levy has acknowledged recently 10% of its normal income and has been located by certain pundits as a justification of how terrible the public authority misjudged the capability of the E-Levy.
Nearly couple of days after it was uncovered that the E-Levy has apparently neglected to accomplish its objective, the public authority has at long last set off the interaction for an IMF bailout.
This has gotten a few responses via online entertainment for certain clients snagging in E-Levy into the discussions.
A few clients have brought up the public authority’s industrious safeguard of the E-Levy as a panacea for going to the IMF while others are requiring the all out inversion of the duty strategy because of the reported IMF bailout.
See a few online entertainment responses to government’s declaration of looking for IMF bailout underneath:
The pain actually goes out to the “astute lawyers and individuals” who have rendered themselves brainless for making themselves and others believe Bawumia is an economic wizkid????????????????????…kindly locate and sympathise with them???? pic.twitter.com/mwrzY6TgFy
— MrOpare (@mista_opare) July 1, 2022
Bawumia was running his mouth ???? during the time NDC was heading to IMF. You become vice president and we’re about to go again. This is really laughable
The internet doesn’t forget#IMF
Free SHS#Ghana#GhanaCard pic.twitter.com/GY31QN23AC
— TATALE.. ???? (@kwasiabiab3wu) July 1, 2022
Can someone tag Bawumia for me pic.twitter.com/9ttoP67ZUb
— Highly spiritual ???????????? (@doctorproblem1) July 1, 2022
Since Ken Ofori has been instructed to go to IMF, let me bring this video back… Dr. Bawumia ????????????pic.twitter.com/s8JZcOmspS
— EL-DAD (@ChristDeKing) July 1, 2022
This matter . Bawumia our hope and future ???????? pic.twitter.com/8Ek1hRIjOf
— K.O???? ???????? (@kwakurafiki2) July 1, 2022
We waste money on town hall meetings,all in the name of educating people about E-levy,prioritised building a cathedral to extent that we imported stones from Israel and imposed E-levy on Ghanaians just to run to #IMF for bailout
— ROK. (@AkyeremadePizza) July 1, 2022
— Ama ???? ???????? (@Ama_mansah1) July 1, 2022
At a time when governments elsewhere were cushioning their citizens to deal with the impacts of COVID-19, GoG introduced obnoxious taxes. Now, that same govt is going to the IMF for support. What exactly was the point of the e-levy?
— Alfred (@CallmeAlfredo) July 1, 2022
You shut down tollbooths and render people jobless just to implement E-Levy, telling us E-Levy is going to solve all our problems, now here we go, back to where you said it’s only failed governments that go… F9
— Tarkwa J.Cole???????????????? (@Rockson_Soul) July 1, 2022
Even if govt got all the projected revenue from the e-levy, the country would still be in a hole of close to 40bn cedis this year alone. The e-levy was pointless and it wasn’t going to do anything to change our fortunes like how the government was selling it.
— Alfred (@CallmeAlfredo) July 1, 2022
We’ve accepted you NPP have failed! So scrap the E-Levy and go to the IMF is on you guys! Hon Kennedy Agyapong, is he ready for the Nogopko swearing so say we go vote for him! He should stand as independent should he even fail at the NPP primaries.
— David Walraven (@Walraven5David) July 1, 2022
The government was hopeful proceeds from the e-levy would be a game-changer and a more viable option to an IMF program.
I agreed at the time. I agree now.
IMF is a no for me, given the fund’s conditionalities and its implications in the long run on ordinary Ghanaians’ life. https://t.co/FDzp7yfw4a
— Mohammed Muntala (@MoMuntala) July 1, 2022
Nana Addo and Ken Ofori Atta can’t use the IMF as a smokescreen to squander the E-Levy money. If they decide to go to IMF, E-Levy must be reversed. You can’t waste monies on regional town hall meetings about E-Levy and run to IMF in just 2 months. Ebeii
— GOG Album ???? (@Okuluman) July 1, 2022
After @NAkufoAddo has authorised an IMF bailout, we’re waiting for the cancellation of E-levy which is said to have precluded us from going to IMF.
Free SHS is in Limbo.
— Asiedu AK-0001352 (@leitekaka459) July 1, 2022
So what’s the essence of introducing e-levy and cancelling road toll?
— S A G E (@logical_nash) July 1, 2022
They knew they could go to the IMF in the first place bhu decided to take E-Levy instead just to worry our lives ???????????????????????????? https://t.co/pQaiUMHvC2
— Sean_Jhay_ (@Ch_Sean_Jhay) July 1, 2022
Are they even going to cancel the e-levy ?
— Man Like Kdei???? (@iamkdei) July 1, 2022
Then now abolish the e-levy, you people said it’s better to take e-levy than going to the IMF, now what has changed ????!!!
— HARRY RASHFORD ???????????????????? (@joneslotty72) July 1, 2022