MONEY SENT BACK HOME IN AFRICA IS UNDER ATTACK – Gabby Otchere Fires Shots At Trump’s US Remittance Tax
A prominent figure in the New Patriotic Party (NPP), Gabby Otchere-Darko, has criticised the administration led by Donald Trump for suggesting a 5% tax on remittances sent by foreign nationals residing in the US.
Gabby Otchere Darko states that Donald Trump halted USAID and is currently targeting funds sent back to families in Africa.
In an X post, Gabby Otchere-Darko, “America now to tax Diaspora transfers? First it was USAID and now what you send to your families back in Africa is also under attack”.
A decision that would predominantly impact immigrants, such as Ghanaians residing in the U.S.
Nonetheless, the legislation provides exemptions for the majority of remittance transfers conducted by U.S. citizens.
In 2023, remittance transfers from the U.S. to global destinations totaled $93 billion, as per World Bank statistics, with Ghana receiving more than $4.6 billion in remittances that year.
Looks like you are not happy about the tax on funds transfer and remittances from the diaspora into Africa.
Coming from a man whose gov't introduced E-levy to tax electronic funds transfer in Ghana amidst huge public outcry, that is most shocking.What we are seeing is an…
— Kwasi Terminator (@KwasiTerminator) May 14, 2025
NKONKONSA.com
