The Minority in Parliament has boycotted the consideration of the controversial Electronic Transfer Levy (E-Levy) bill.
The E-Levy seeks to impose a 1.50% levy on transactions, including Mobile money transfers done between accounts on the same Electronic Money Issuers (EMI), Mobile money transfers from accounts on one EMI to a recipient on another EMI, Transfers from bank accounts to mobile money accounts (either directly, GIP debit, bank cards or another scheme), Transfers from mobile money accounts to bank accounts (either directly, GIP debit, bank cards or another scheme) and Bank transfers originating from a bank account belonging to an individual.
The bill has sharply divided the two sides of the House and has even degenerated into fisticuffs at a point.
On the floor of the House today, Tuesday, March 29, 2022, the bill was brought before the House for consideration and subsequent approval.
After a series of back and forth, the Minority Leader, Haruna Iddrisu in rounding up the debate on his side, led the NDC MPs to boycott the process, insisting that the Levy seeks to deprive the poor Ghanaians and the Minority will not be part of it.
The Minority from the onset kicked against the Bill and urged the government to withdraw it completely.