2023 Budget: E-levy reduced to 1%

 


The e-levy which its introduction saw lots of disagreement and disputes but at the end of it all the government introduced it at a rate of 1.75% which was later reduced to 1.5%.

During the 2023 budget reading on 24th November, the finance minister said it has been reduced to 1% and the daily transaction threshold has also been removed.

This was done to allow more Ghanaians use the service which is convenient for a large section of the Ghanaian public. The introduction saw a backlash from Ghanaians to the service and a review was always what Ghanaians were looking for.

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