The Ministry of Roads and Highways has received GH₵2.2 billion to pay all debts it owes road contractors.
This follows incessant plea by the Association of Road Contractors over the debt which they claim is collapsing the businesses of its members.
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A report by the Parliamentary Committee on Roads and Transport showed that the government still owes road contractors more than GH¢3.69 billion for projects financed from the consolidated and roads fund.
The delay in settling the outstanding debt, the contractors stressed, is affecting the construction industry.
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But, Roads Minister, Kwesi Amoako Atta on Adom FM’s morning show, Dwaso Nsem Monday, assured the contractors of prompt payment.
He said GH¢1 billion will be used to pay Government of Ghana contracts and GH¢1.2b will be paid into the road fund to settle other debts.
The release of the money, the Roads Minister said, has brought relief to him as contractors kept breathing on his neck since his appointment.
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He assured all bad roads in the country will be fixed because the government is investing massively in road, railways and air transport, from a variety of funding sources.
Source: Ghana|Adomonline.com|Adwoa Gyasiwaa Agyeman