Minority kicks against mobile money transactions tax

By Maame Aba Afful
Minority in Parliament

The Minority in Parliament has cautioned government to immediately abandon any plans to tax mobile money transactions.

The minority argues that the tax if introduced will affect millions of low-income families, hence it is rather retrogressive.

Speaking at the budget review forum Monday, the minority spokesperson said: “The intention to tax mobile money transaction must be abolished immediately since it constitutes a serious threat to financial inclusion and economic growth in Ghana,”.

NDC Finance spokesperson, Cassiel Ato Forson, further accused the government of trying to introduce some “nuisance” taxes to meet its ambitious revenue target in order to fund campaign promises.

“We believe that unfortunately, government economic policy for 2018 will bring about severe hardship and Ghanaians must be well informed”.

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