The Mobile Money (MoMo) Agents Association of Ghana is urging the government to further reduce the Electronic Transfer Levy (E-levy) from 1% to between 0.1 to 0.5%.
The Minister of Finance, Ken Ofori-Atta, while presenting the 2023 budget and economic policy announced a reduction of the E-Levy from 1.5% to 1%.
He also added that the policy will now be applied to all transactions effective 2023.
But the agents explain, the expected revenue target can be reached if the government takes another view of the rate.
Source: Mybrytnewsroom.com/Kwabena Nyarko Abronoma