Audio By Carbonatix
Government has hinted at an upward review of the current road toll rate in the country as part of its post-Covid-19 economic recovery efforts.
The Caretaker Finance Minister, Osei Kyei-Mensah-Bonsu during the presentation of the 2021 Budget Statement Friday noted that funds generated from the new road tolls will be used to improve and maintain the conditions of the roads in the country.
"Mr Speaker, to maintain the improvements on our roads, government will review existing road tolls and align them with current market rates.
"This will form part of the framework for promoting burden-sharing as we seek to transform our road and infrastructure sector in a post-Covid-19 era,” he informed the House.
The Suame legislator also added that government will amend the Fees and Charges (Miscellaneous Provisions) Act, 2018 (Act 983) that governs the setting of Rates and Tolls.
The amendment will seek to accommodate an automatic annual adjustment that will be pegged to the previous year’s average annual inflation as published by the Ghana Statistical Service.
Already, Roads and Highways Minister, Kwasi Amoako-Attah had proposed an upward review of Ghana’s road toll rate to finance major roads in the country.
During his vetting, Mr Amoako-Attah said, “At the moment, Ghana pays the lowest rate in the whole world…If you want to go the B.O.T. (Build Operate Transfer) or BOOT (Build Own Operate Transfer) way as we see in other parts of the world, the research that has been done by my ministry on the average toll rate is around $1. But here people pay 50p for toll rate.”
Also, a section of Ghanaians, particularly, the Road Contractors Association have called for an increment in road tolls.
According to them, the current rate of 50 pesewas for saloon vehicles imposed in 2010 does not carry the same value in 2021, as such, an increase in tolls will generate more revenue for government to pay contractors timeously.
Latest Stories
-
‘My dear Ivan’ – A father’s tribute to a son tragically killed
3 minutes -
GNPC Explorco advances Voltaian Basin drilling preparations with 13.5km access road
9 minutes -
Minority calls for dedicated sanitation fund to improve waste management in Ghana
32 minutes -
Cabinet approves facility manager for Borteyman Sports Complex – Kofi Adams
59 minutes -
Sanitation is improving; critics may be ‘living in another world’ – Salaga South MP replies Bekwai MP
1 hour -
Government must do more to tackle sanitation crisis – Bekwai MP
1 hour -
World Cleanup Day: GFF begins sanitation education in local communities
1 hour -
EU Ambassador, IGP discuss stronger cooperation on policing and security
2 hours -
Africa Nations Volleyball Championship: Ghana set up quarterfinal clash with Cameroon after beating Chad
2 hours -
Meet Dr Benjamin Appiah Osei — Ghana’s three-time tourism awards winner
2 hours -
UEFA & CONCACAF demand Fifa pays $10m to all 211 members
2 hours -
Inter fight back again to snatch draw at leaders Roma
2 hours -
Suzuki proves worthy replacement for Martinez at Villa
2 hours -
Brighton humbling ‘a big lesson’ for Arsenal – Arteta
3 hours -
Arsenal handed first loss by brilliant Brighton
3 hours