Ghana's 2022 Budget Statement and Economic Policy was presented in parliament on 17 November 2021. Proposed fiscal policy measures include the introduction of a new levy on electronic transactions. Considering the growth in electronic transactions for the payment for goods and services, as opposed to cash and cheques, an "Electronic Transaction Levy" or "E-Levy" will be introduced at a rate of 1.75% on electronic transactions covering mobile money payments, bank transfers, merchant payments, and inward remittances. The E-Levy will be borne by the sender (payer), except inward remittances, which will be borne by the recipient. However, all transactions that add...