MoMo transactions reached GHS1.9 trillion last year due to Interoperability – Bawumia touts achievements

The flagbearer of the New Patriotic Party (NPP), Vice President Dr Mahamudu Bawumia, has touted the achievements of the Akufo-Addo administration over the last 8 years.

In a breakfast meeting with NPP regional leaders ahead of his start of the campaign activities, on Monday, April 29, Dr. Bawumia indicated that the government has built more courts for the judiciary than any other government did.

Also, he said, the government has provided cars and equipment to the Ghana Armed Forces and the Police more than any government.

“Our government has implemented many transformational policies. for the first time in our history as a country, Ghana has successfully issued a digital national ID card which has provided a unique identity for all Ghanains.

“For the first time in our history, Ghana has implemented Mobile Money interoperability between the Mobile Money accounts of telcos and the bank accounts of the banks. Ghana is the first country in the whole of Africa to have done this Mobile Money Inyterorpablity between bank accounts and MoMo accounts.

This has made Ghana the fastest-growing mobile money market in Africa. In fact, when we came into office MoMo transactions in Ghana were just 78 cedis per year. Last year they reached GHS1.9 trillion cedis, it tells you what we have done,” he said.