The Member of Parliament for North Tongu Constituency, Hon. Samuel Okudzeto Ablakwa has suggested nine ways through which the Akufo-Addo-led New Patriotic Party (NPP) could raise the projected GH¢6.9 billion without passing the controversial Electronic Transactions Levy (E-levy).
According to him, “there is a clear alternative to the killer E-Levy if only President Akufo-Addo and his team would be sensitive to the plight of suffering Ghanaians and contain their appetite for profligacy.”
He believes that the E-levy is obnoxious and very regressive, and must not be imposed on the already overburdened Ghanaians.
Below are his suggestions;
1) Take out GHS2billion from the GHS3.1billion allocated to the Office of Government Machinery;
2) Suspend the allocation to GAT and immediately GHS1billion becomes available for government;
3) Negotiate with IPPs and reduce their allocation from GHS4billion to GHS3billion;
4) Review the nebulous GhanaCARES programme and save another GHS1billion;
5) Cut the Contingency Vote down to GHS293,007,000 and free up some GHS700million;
6) Agenda 111 remains a knee-jerk utopia, pull the brakes and save GHS518million;
7) Slash by half the allocation to the National Security Ministry and gain some GHS400million;
8)Parliament should readily sacrifice some GHS200million from its GHS600million allocation;
9) Place on hold the hazy Mortgage Financing Scheme at the Ministry of Finance and save GHS100million.
According to the North Tongu lawmaker, when you put the above expenditure cuts together, government will immediately raise a handsome GHS6.918billion, which even exceeds the e-Levy projections.