
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
-
GETFund allocates GH¢100m to support free education for persons with special needs
47 seconds -
NPP has collapsed; I’ll beat Sammy Awuku in Akuapem North MP race – K.K. Fosu
12 minutes -
BoG ends GoldBod prefinancing arrangement
12 minutes -
Court hands NPP’s Chairman Wontumi 20-year jail term, imposes GH¢120,000 fine
18 minutes -
D. A. Twum Jnr. Fellowship announces inaugural cohort and commences programme
19 minutes -
Ryanair profits drop as Iran war puts off passengers and lifts fuel costs
30 minutes -
BoG warns rising transport, haulage costs and potential fare hikes could fuel inflation
30 minutes -
Eight worshippers die in crush at Burundi preacher’s gathering
31 minutes -
Wontumi Samreboi Case: Full charges under Minerals and Mining Act
31 minutes -
Lamine Yamal ‘completes football’ at 19 as Argentina betray Messi
31 minutes -
Boy, 13, dies during World Cup celebrations in Spain
32 minutes -
Politics is a spiritual exercise, not just strategy – Afenyo-Markin
34 minutes -
Trump says US strikes hit Iran in ‘honour’ of American soldiers killed
35 minutes -
Suriname’s Ambassador to Ghana to headline COMSSAFEST 2026 seminar
37 minutes -
Ghana’s rural banking story is one of greatest innovations in financial inclusion – First Deputy Governor
38 minutes