What Can E-Levy 7bn Do To You After Wasting 220 Billion – Sammy Gyamfi Quizzes Akufo-Addo

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The Akufo-Addo government has nothing to show for the GHS220 billion it has borrowed since coming into office in 2017, the National Communications Officer of the National Democratic Congress (NDC), Mr Sammy Gyamfi has said, and, thus, wondered what the same administration could do with the GHS7 billion expected to be realised per annum from the implementation of the 1.75 per cent e-levy proposed in the 2022 budget.

 

The Akufo-Addo government alone has borrowed GHS220 billion since coming into office”, Mr Gyamfi told Awudu Iddrisu on Accra100.5FM’s morning show Ghana Yensom in an interview on Thursday, 9 December 2021.

It is more than the cumulative debt incurred by the country since independence to the era of the Mahama administration because Ghana’s debt within that period was GHS120, he pointed out.

He stressed: “In four-and-a-half years, the NPP, alone, has added GHS220 billion to the debt stock taking the total to GHS341 billion as of September 2021”.

 

If you couldn’t use GHS221 billion to build any good roads, hospitals and secondary schools, what then can you use the GHS7 billion per annum that would be accrued from the implementation of the 1.75% e-levy, for? – he asked.

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