Audio By Carbonatix
The government on Wednesday started paying contractors for projects that have been executed under the GETFund.
A number of contractors are said to have received their cheques after a protracted delay.
The President of the Association of Building and Civil Engineering Contractors of Ghana (ABCECG), Prosper Yao Ledi, when contacted confirmed that some members of the Association have received their cheques.
“I can say that some of our members have been paid and we glad that finally, our persistent plea is being heeded.”
Mr. Led, however, urged the government not to truncate the payment that has begun to ensure that all arrears owed the contractors are paid. “It is our fervent hope that the payment that has started will continue until everyone owed is duly paid, so that life can return to normalcy for us contractors. It has really been tough,” he indicated.
The ABCECG President commended government but advised that every effort should be made to depart from the perennial delayed payment of contractors.
He explained that delayed payments do not only hurt contractors but affects the economy negatively.
He therefore called for a dialogue with the government to find ways to permanently end the practice that has plagued contractors for years. He reiterated the commitment of the Association to work with government to build the country’s infrastructure.
Contractors have been up in arms with the government over delayed payments of arrears, after repeated promises by the government did not materialise.
In the last quarter of 2018, government announced that the GETFUND had secured a 1.5 billion dollar loan to pay contractors. But the year ended with no monies paid.
After repeated threats from the contractors to go on a demonstration, the Association of Building and Civil Engineering Contractors of Ghana (ABCECG) last Friday, issued a press statement with a litany of concerns, prime among them being the non-payment of arrears and the luxury tax.
Mr. Ledi who looked relieved however indicated that the Association will monitor the payments to be certain that all contractors who deserve to be paid have received their cheques.
Latest Stories
-
Dr Abena Nyarkoa to join panel discussion at Africa Together Conference in Cambridge
4 hours -
Walmart warns US shoppers are cutting spending as higher petrol prices bite
4 hours -
Flexible exchange rate regime critical in absorbing external shocks – First Deputy Governor
4 hours -
Toilets and changing rooms must be used on basis of biological sex, guidance confirms
4 hours -
Emily in Paris to end after sixth season, says Netflix
4 hours -
Angry crowd sets Ebola hospital tents on fire in DR Congo
4 hours -
Russia and China condemn US over indictment of former Cuban leader
5 hours -
Bank of Ghana reverts to previous Cash Reserve Ratio policy after scrapping it last year
5 hours -
Ghana-eligible defender Beres Owusu signs permanent deal with Grazer AK
5 hours -
A Super El Niño is coming: What does it mean for Ghana?
5 hours -
Driving Schools Association pushes for mandatory driver training to reduce road crashes
5 hours -
Climate change exists with or without humans — Youth advocate
6 hours -
Plastic waste driving flooding and climate concerns in Bamaahu — Youth Climate Reporter
6 hours -
This week on The Career Trail
6 hours -
My book was born out of university research – Mary Anane Awuku
6 hours