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The finance minister during the readings of the 2022 budget made it clear there has been a proposed increase of 1.5% on Momo transactions henceforth and this is one statement that left many Ghanaians wailing.

With reports coming out that there has now been an unprecedented withdrawal going on as most Ghanaians don’t want their monies to be taxed when the new law goes into effect.

And so what are new charges Ghanaians must expect when the new law goes into full effect?