Former Minister of Works and Housing, Kojo Oppong Nkrumah, has cautioned the ruling National Democratic Congress (NDC) against their intention to remove E-Levy, Betting and COVID-19 taxes.
Speaking on a wide range of issues on Okay FM's 'Ade Akye Yen Bia' morning show monitored by GhanaWeb on Monday, March 3, 2025, the Ofoase-Ayirebi MP threw caution to the NDC to be reminded of their promise to Ghanaians that they will scrap some taxes.
He stated that the Mahama-led government within just two months has already borrowed 67 billion cedis, an indication that there's a short fall in internally generated revenue to run the country. "NDC's decision to scrap E-Levy, Betting and COVID-19 Tax will cost them an aggregated amount of 22 billion Ghana cedis. "This government has been in power for only 2 months and have already borrowed 67 billion cedis.
This is a testament to the fact that the state needs to employ strategies to make up for the revenue short fall instead of adopting the populist approach to governance.