2025 Budget: Ghanaians react to promise of E-Levy, betting tax cancellation

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Ghanaians have reacted with excitement following the government’s announcement to abolish the Electronic Transfer Levy (E-Levy) and the 10% withholding tax on lottery winnings (Betting Tax) in the 2025 budget.

The decision, which many had eagerly anticipated since former President John Mahama promised it in his manifesto, has been widely celebrated.

The introduction of these taxes under the Akufo-Addo-led administration was met with fierce opposition as citizens raised concerns over the impact on the cost of living.

Despite protests and widespread disapproval, the government implemented the taxes, arguing they were necessary for revenue generation.

However, following years of public outcry, the Mahama-led administration has now abolished them, with many seeing this as relief from what they considered “nuisance taxes.”

Social media platforms have been flooded with celebratory messages and optimism for a positive shift in economic conditions.

However, some remain skeptical about how the government intends to offset the revenue gap.

Read some reactions below: