• About
  • Advertise
  • Privacy Policy
  • Contact
Saturday, January 28, 2023
  • Login
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
No Result
View All Result

Road Contractors Will Be Paid Before December 31 – Amoako Atta

December 27, 2022
Emmanuel SarpongbyEmmanuel Sarpong
in General News, News
0
Road Contractors Will Be Paid Before December 31 – Amoako Atta

Minister For Roads And Highways, Hon Amoako Atta

Hon Kwasi Amoako Atta, Minister for Roads and Highways, has disclosed that government will clear most of the outstanding debts owed road contractors before the year ends.

Mr Amoako-Atta noted that in spite of the current economic challenges, government did not halt any road project and further assured that more investments would be channelled to the roads sector.

“Contractors of this country are doing a yeoman’s job despite all the difficulties, and I want to assure them that government will continue to work in their interest and all their outstanding payments from now onwards will be done from time to time.

“A chunk of outstanding (payments) are going to be effected before the end of the year and it will continue.” 

Ofori Atta

The Minister appealed to individuals in areas that were yet to have their roads repaired to remain calm as the government works to mobilise resources to expand the country’s road networks.

RelatedPosts

African leaders Beyond The Age of 80 Have No Business Clinging To Power – Mahama

Muslims Will Support Bawumia As They’re Not Welcome In NDC – Anyidoho

FDA Suspends Operations Of ‘Yellow Sisi’ Over Food Poisoning And Death Of One Person

“The people deserve to have good roads. I appeal to all those who haven’t had their turn to be patient and calm”

Amoako Atta

It could be recalled that the Association of Road Contractors lamented over government’s reluctance in settling debt owed them since 2018.

Members noted that the situation is really affecting their livelihoods and taking a toll on their health and businesses and rather frustrating.

Pay GH₵5bn Debt Owed Road Contractors

Meanwhile, the Minority in Parliament has asked the government to ensure the payment of arrears owed to road contractors.

Road Contractor
On-going road construction

The Roads and Highways and Transport Committee of Parliament raised concerns over the Ministry of Roads’ high indebtedness of GH₵ 5.9 billion to contractors at the Ghana Road Fund Secretariat.

However, Parliament has approved an amount of over GH₵ 5, 295,359,626 for the services of the Ministry of Roads and Highways for the year 2023.

Contractors had in the past complained that their businesses were grinding to a halt due to the government’s indebtedness to them.

Ghanaians over the last few months have complained bitterly over the deteriorating nature of most roads in the country and some road projects which have been abandoned.

Despite some road projects progressing smoothly, several other roads have not received any facelift in the last few years, despite the government declaring 2021 as the year of roads.

As of 2020, the Chamber indicated that the government owed contractors about $1.8 billion the amount is a result of delayed payment and accumulation of interest on locked-up certificates.

Recently, a group called Joint Contractors Association threatened legal action against the government should it refuse to pay monies owed its members for works they have executed successfully.

READ ALSO: IMF Bailout Alone won’t save us – Economist Tells Gov’t

Tags: Amoako-AttaGovernmentPresident Akufo-AddoRoads and Highways

Related Posts

Mahama To deliver A lecture On ‘Africa’s Strategic Priorities’ in UK Today
General News

African leaders Beyond The Age of 80 Have No Business Clinging To Power – Mahama

January 28, 2023
Muslims Will Support Bawumia As They’re Not Welcome In NDC – Anyidoho
General News

Muslims Will Support Bawumia As They’re Not Welcome In NDC – Anyidoho

January 28, 2023
FDA Suspends Operations Of ‘Yellow Sisi’ Over Food Poisoning And Death Of One Person
General News

FDA Suspends Operations Of ‘Yellow Sisi’ Over Food Poisoning And Death Of One Person

January 28, 2023
NPP Communications Director Deletes Fake NDC Letter Tweet After Backlash
General News

NPP Communications Director Deletes Fake NDC Letter Tweet After Backlash

January 27, 2023
The future looks good for Ghanaian indigenous businesses- Mahama
General News

I Am Not Opposed To Debt Restructuring- Mahama

January 27, 2023
47th SWAG Awards Gala To Take Place In Accra On Saturday, January 28
General News

47th SWAG Awards Gala To Take Place In Accra On Saturday, January 28

January 28, 2023

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Previous Post

Afreximbank Board Approves $1.5 billion Funding for Participating States in the Caribbean

Next Post

Japan’s Prime Minister Dismisses Minister Of Reconstruction

Sign up for The Vaultz analytic wire

Get weekly news analysis from top editors at The Vaultz and stay informed on trending economic and business issues from across the globe.
Purchase Domain Names With The “.gh” Extension To Generate Revenue And Expand In The Local Internet Industry – GDNR
Business

Purchase Domain Names With The “.gh” Extension To Generate Revenue And Expand In The Local Internet Industry – GDNR

by Priscilla Dziedzorm FiakpornuJanuary 28, 2023
Telecel to Become the Second Player After MTN Ghana to List on GSE After Takeover of Vodafone Ghana
Securities/Markets

Telecel to Become the Second Player After MTN Ghana to List on GSE After Takeover of Vodafone Ghana

by Stephen M.CJanuary 28, 2023
Mahama To deliver A lecture On ‘Africa’s Strategic Priorities’ in UK Today
General News

African leaders Beyond The Age of 80 Have No Business Clinging To Power – Mahama

by Emmanuel SarpongJanuary 28, 2023
Mali Defends Ties With Russia
Africa

Mali Defends Ties With Russia

by Comfort AmpomaaJanuary 28, 2023
Vanguard Awards Night Of Glamour, Glitz, And Excitement
Entertainment

Vanguard Awards Night Of Glamour, Glitz, And Excitement

by Esther Korantemaa OffeiJanuary 28, 2023
Muslims Will Support Bawumia As They’re Not Welcome In NDC – Anyidoho
General News

Muslims Will Support Bawumia As They’re Not Welcome In NDC – Anyidoho

by Samuel Yeboah OtibuJanuary 28, 2023
Purchase Domain Names With The “.gh” Extension To Generate Revenue And Expand In The Local Internet Industry – GDNR
Telecel to Become the Second Player After MTN Ghana to List on GSE After Takeover of Vodafone Ghana
Mahama To deliver A lecture On ‘Africa’s Strategic Priorities’ in UK Today
Mali Defends Ties With Russia
Vanguard Awards Night Of Glamour, Glitz, And Excitement
Muslims Will Support Bawumia As They’re Not Welcome In NDC – Anyidoho
Snow
FIND OUT MORE

The Vaultz News

Copyright © 2021 The Vaultz News. All rights reserved.

Navigate Site

  • About
  • Advertise
  • Privacy Policy
  • Contact

Follow Us

No Result
View All Result
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2D
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships

Copyright © 2021 The Vaultz News. All rights reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In