Entertainment pundit and event producer, Ola Kwaku Michael, says it is disappointing that the Creative Art industry was exempted from the 2022 national budget.
Speaking in an exclusive interview with Univers Entertainment on November 18, 2021, he opined that during the peak of the COVID-19 pandemic the creative industry played a vital role, therefore, there was no reason for the Finance Minister, Ken Ofori-Atta to exempt the creative industry in the 2022 national budget.
“It is very disappointing that government did not touch on anything creative and culture industry then it means we are irrelevant at the moment, last year we had a very difficult time during the pandemic but amidst all the challenge the industry that really showed the way were the pharmaceutical companies the creative art industry,” he said.
Ola Michael further stated that the 1.75 % Electronic Transaction Levy or E- Levy imposed by the government will not help the digitalization policy.
According to him, the government was already taxing mobile money transactions, bank transfers, and other online remittances from Gh100 cedis and below.
He also disclosed that the creative industry is suffering because artists in the country are not making enough sales on digital platforms.
“Taxes have been there already, If the taxes were not there the president would not have said there will not be taxes on Gh100 and below on Momo transfer, so this is probably an increment in taxes that we pay during Momo transfer, as a matter of fact, this will not help digitalization, we are making it more difficult for people to buy into the idea of digitization because data is so expensive in this country”he added.