MoMo Wallet Balances Do Not Attract E-levy – MoF

The Ministry of Finance (MoF) has urged the general public not to engage in panic withdrawals following the commencement of the e-levy on Sunday May 1.

The Ministry said in a tweet that Mobile Money wallet balances do not attract e-levy.

The General Secretary of the Mobile Money Agents Association of Ghana (MMAAG), Mr. Evans Otumfuo, earlier blamed the Ministry of Finance for the panic withdrawal situation.