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Today, March 26, 2025, Parliament voted to approve the repeal of the Electronic Transfer Levy Act, 2022 (Act 1075).
In a manner similar to the initial passage of the law in 2022, the House on Wednesday conducted the repeal process under a Certificate of Urgency, expediting the second reading, consideration, and third reading stages.
Speaking during the second reading stage, the Majority Leader, Mahama Ayariga, highlighted an observation made by the Finance Committee; that repealing the law would make GH¢2 billion available to Ghanaian citizens in the form of disposable income.
With Parliament’s approval, the Electronic Transfer Levy (Repeal) Bill, 2025, will be forwarded for presidential assent.
Under Article 106(7) of the Constitution, President John Dramani Mahama is expected to assent to the bill within seven days.
The Electronic Transaction Levy (E-Levy) was introduced by the New Patriotic Party (NPP) government under President Nana Akufo-Addo through the Electronic Transfer Levy Act, 2022 (Act 1075).
NKONKONSA.com
