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Mid Year Budget Review: Government to reintroduce road tolls

July 23, 2024
in News, Top Story
Mid Year Budget Review: Government to reintroduce road tolls

The finance minister Mohamed Amin Adams has revealeàd that the government will reintroduce road and bridge tolls in 2025

This revelation was made in Parliament when the Minister was presenting the mid-year budget review.

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On 17th November 2021 the then finance minister announced the abolishment of all tolls on public roads and bridges . Dr. Amin in his presentation also indicated that, the Nana Addo Dankwah Akufo Addo administration
has launched the SME GO programme to provide financial and technical
support to SMEs. He added that,there has been disbursement of 5.4 billion Ghana Cedis to support LEAP, School Feeding
programme, Capitation Grant and NHIS since January, 2024 to reduce the burden on the vulnerable in our country.

The minister further stated that, the ministry has spent about 1.5 billion Ghana Cedis to support 1,488,575 students
under the Free SHS programme between January and June this year.

According to him, about 12 billion Ghana Cedis has been paid to bondholders under the
Domestic Debt Exchange programme, since February, to demonstrate
commitment to the programme. “Mr. Speaker, we have invested almost 10 billion Ghana Cedis in the Road
Sector since January, 2024 to enhance transportation and spur growth. I can also
confirm that Government has secured equipment to complement the efforts of our
local authorities in improving community roads nationwide”

He noted that in line with the governments commitment to infrastructure development, decision has been made to continue to make progress on projects such as the Komfo Anokye Teaching Hospital, Ofankor-Nsawam Road, Keta Water Supply, Obetsebi Lamptey and Flower Pot
Interchanges, the three (3) by-passes on the Kumasi-Accra Highway, and the Tema
Mpakadan Railway Line.

He explained that the NPP government has completed the Prempeh I International Airport in Kumasi and the
Yakubu Tali International Airport in Tamale. Agenda 111 Hospitals are at various
stages of completion. “We have completed the Afari Hospital in Kumasi and many other
hospitals across the country”.

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