BusinessNews

Government To Bring Back Road Tolls Next Year

The government has finished preparing for a 2025 reintroduction.

This was disclosed on Tuesday, July 23, in Parliament by Finance Minister Dr. Mohammed Amin Adam, at the mid-year fiscal policy review for 2024.

On November 18, 2021, Kwasi Amoako-Atta, the former minister of roads and highways, issued an order stopping toll collection at the many tollbooths located throughout the nation.

Following his announcement that road tolls had been eliminated during his 2022 budget presentation, former Finance Minister Ken Ofori-Atta issued this directive.

But government has rescinded its decision and has authorized the development of a framework for reintroducing road and bridge tolls in 2025.

“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 added.

Dr. Amin Adam also mentioned that the government has approved “the operationalization of the integrated property tax system and the amendment of the Fiscal Responsibility Act to reinstate the numeric threshold that was suspended in 2020.”

Read Also: Transport Fare To Go Up By 15% Starting July 22 

Related Articles

Back to top button