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Politics of Saturday, 12 October 2024

    

Source: 3news

I will replace E-Levy with E-Sika to give every Ghanaian common prosperity – Independent Candidate

George Twum-Barimah-Adu George Twum-Barimah-Adu

Independent Presidential Candidate George Twum-Barimah-Adu has announced plans to replace the current Electronic Transaction Levy (E-Levy) with a system called "E-Sika" if elected.

Unlike E-Levy, which takes money from electronic transfers for government revenue, E-Sika will create savings and pensions for citizens based on their spending.

Twum-Barimah-Adu explained that E-Sika will link to individual Ghana Cards, allowing funds to be saved in three areas: pensions, housing, and welfare. These savings will be managed by a tier-two fund manager, benefiting all citizens, including informal workers.

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