e-Levy policy has no effect on afCFTA in ghana – Mr. Afful

The Executive Director of AfCFTA Policy Network (APN), Mr. Louis Yaw Afful, has said the yet-to-be-approved e-levy on online transactions will in no way affect the dimensions of the Africa Continental Free Trade Agreement (AfCFTA).

Speaking to the various media houses. Mr. Afful was quick to say the e-levy policy is a way for the Ghanaian government to accrue money for national development and it is an internal affair and does not extend to any other projects. He also cited Kenya as an example, saying it was one of the countries to have initiated such a policy to widen up their tax system

ad-yellow2-in-content

He said implementation of AfCFTA does not prevent countries from instituting their national policies to protect their economic interests and as such those policies do not affect relationships with other member states.

Mr. Afful said member states of AfCFTA have a common goal of increasing internally generated revenues to work towards the 90% liberalization mark and as such, such levies should be expected

He said at the continental trading level, the levy does not affect digital trading activities, as such transactions are internal and not done at the borders, adding that in Ghana most of the trading is centered at the informal sector and this is one of the ways government can derive revenue from.

Also on Mfidie.com:   Government to meet industry players to discuss E-Levy in details before implementing

He said in cases where certain services were being rendered in the different states, say a Ghana-originating telecom service provider and that of one from a different African country, then different rates apply and this could, in turn, have a negative impact on AfCFTA

msport-incontent

Thank you for making Mfidie.com Ghana's Biggest Tech Blog.
You are the reason we produce quality digital content. Scroll down to read more on Mfidie.com.
Follow us on TwitterFB, IG, Telegram & YouTube
We accept Guest Posts. If you’d like to write for us, contact us for PR or to submit an article click here.

Leave a comment