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Ghana’s parliament late on Friday rejected the proposed 2022 budget because of concerns about a tax on electronic transactions including mobile money payments.
The 1.75% levy was proposed by Finance Minister Ken Ofori-Atta last week in an attempt to widen the tax net and rope in the informal sector. It elicited groans from lawmakers when it was announced.
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The vote on the budget for one of West Africa’s largest economies occurred after the ruling party walked out in protest because the house speaker said that Ofori-Atta should not be present
