Government to tax Momo, e-transactions – Ofori-Atta

The government has announced that electronic transactions in the country will attract levy of 1.71% of the amount being transferred.

Finance Minister, Ken Ofori-Atta made this disclosure when presenting the 2022 Budget and economic planning policy on Wednesday.

This is one of the measures the government is adopting to ensure a large number of Ghanaians pay taxes to help develop the country.

The Government of Ghana says it recognises the need to be at the forefront to promote the building blocks for an inclusive and sustainable recovery post COVID-19.

The focus for the 2022 budget and the medium term, according to the Finance Ministry,  is to create opportunities and provide solutions towards achieving sustainable and broad-based economic growth without harming the climate or leaving families in poverty. Government, therefore, will focus on revitalising and transforming the economy.




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