Audio By Carbonatix
Finance Minister, Dr. Mohammed Amin Adam has revealed that the government will allocate GH¢1.5 billion to resolve outstanding claims from financial management companies.
This announcement was made during the presentation of the 2024 mid-year fiscal policy review in Parliament on Tuesday, July 23.
Dr. Amin Adam also disclosed that the government has approved plans to reintroduce road and bridge tolls in 2025.
This move, according to him, is part of a broader strategy to improve infrastructure funding and management.
“Mr. Speaker, Cabinet has also granted approval for the disbursement of an additional 1.5 billion Ghana Cedis to settle outstanding claims relating to the financial management companies; the establishment of a framework for the re-introduction of Road and Bridge Tolls in 2025,” he disclosed.
In his address, Dr. Amin Adam emphasized the government's commitment to addressing financial obligations and maintaining fiscal discipline.
He noted that these measures are aimed at enhancing economic stability and supporting national development efforts.
Latest Stories
-
Gunfire silences prosperity as PLO Lumumba warns of ‘bleeding’ African continent
45 minutes -
African Leaders must shift from speeches to action – P.L.O Lumumba
1 hour -
Ace Ankomah demands radical overhaul of Ghana’s science and innovation sector
1 hour -
Trump signs executive order threatening tariffs for countries trading with Iran
2 hours -
From Hollywood to the homeland: Why African countries are courting black American stars
2 hours -
Ambulance service slams ‘taxi transfer’ of newborn as viral negligence claims debunked
2 hours -
High stakes in Ayawaso East as NDC delegates head to the polls today
3 hours -
Youth unemployment is the biggest threat to Africa – Gabby
3 hours -
Minority demands urgent Finance Minister summons as ‘Agbogbloshie’ prices ignite parliamentary clash
4 hours -
Baba Jamal’s highest will be 38% in Ayawaso East NDC primary – Mussa Dankwah
4 hours -
Stranded beans and staggering debts: Ghana’s cocoa sector faces systemic crisis
5 hours -
Chief Justice sets up special courts for corruption and galamsey
5 hours -
Airport renaming and inflation trends to take centre stage on Joy Prime’s Prime Insight this Saturday
6 hours -
Ghana losing long-term investment capital over absence of Limited Partnerships Law – GVCA CEO
7 hours -
Experts to dissect airport renaming, economic trajectory and Dr Bawumia’s victory on Newsfile this Saturday
7 hours