Hopeson Adorye: Bawumia’s promise to cancel e-levy is a lie

By Majesty 2 Min Read
Hopeson Adorye

Former NPP member Hopeson Adorye has urged Ghanaians to disregard Dr. Mahamudu Bawumia’s pledge to eliminate e-levy should he be elected president.

Adorye clarified that the E-Levy and other tax handles were utilized by the government as security for the International Monetary Fund (IMF) bailout, which has since generated US$1.2 billion in two installments.

In an interview with Atinka TV, Adorye stated, “Bawumia’s promise to cancel the E-Levy is a lie, he is lying, and he will use it to delude Ghanaians, get their votes, and abandon the promise.”

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The government obtained a three-year agreement with the International Monetary Fund (IMF) from 2024 to 2026 by using the E-Levy and other levies as assurances. In 2025, how can you then pledge to revoke E-Levy?

Every tax that he has pledged to remove is untrue. Get the IMF agreement; these revenues served as collateral and are off limits to them. Thus, he emphasized, “Let Bawumia abolish the taxes now if he wants to prove that he is a man of his own; they will never be able to achieve that.

The government claims that the implementation of the E-Levy in May 2022 was one of the steps it took to enhance its ability to raise domestic revenue.

RELATED STORY: E-levy, emissions, betting and others are taxes Bawumia will abolish if elected as President

The E-Levy tax was reviewed down from 1.5% to 1% in response to multiple objections.

The NPP candidate Bawumia pledged in early February 2024 that if he wins the presidency following the elections, he would reverse the E-Levy and the other three taxes enacted by the Nana Addo Dankwa Akufo-Addo administration.

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