“The Electronic Transactions Levy (E-Levy), which was abolished following the 2024 elections, was widely unpopular. Its core weakness was conceptual: it taxed transactions, not income. Transfers for savings, family support, and routine financial management were taxed regardless of whether the recipient earned income. Yet the fundamental idea behind the E-Levy—bringing the informal sector into the tax net— was sound. In 2024 alone, the levy raised approximately GH¢2 billion, despite its flawed design”, he disclosed in an article titled “Changing the Narrative: From Persistent Fiscal Deficits to Fiscal Surpluses”.