Road Contractors Demands Unpaid GH₵5.9bn Debt
The Association of Road Contractors Ghana has called on the government to urgently settle the GH¢5.9 billion owed to contractors.
Minister Kwasi Amoako Atta assured Ghanaian road contractors that government will pay them. A chunk of debt was promised to be settled before the end of the year. The year has ended and the promise is yet to be honoured.
The National Chairman of the Association of Road Contractors Ghana, John Afful Jnr has disputed the honesty of the government. He disclosed in an interview with Citi News that the government only paid an insignificant amount of the total debt.
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He, therefore, called on the government to speedily pay significant amounts owed to contractors to help save their companies and also pay their creditors. Many of them went for loans to commence their respective contracts.
When you announce to the whole world that you are paying contractors by the end of the year and our suppliers, our creditors, and our banks are chasing us to bring the money into an account what do we do? The Ghana road fund owes contractors GH¢5.9 billion as of the end of October 2022. he said.
Public Relations Officer of the Ministry of Roads and Highways, Ahmad Nasir Yartey in response told Citi News, that the government will pay contractors as and when funds are released.
When will the money be released? Your guess is as good as mine. Before you go, kindly Follow Us for more exclusive news updates. We are also on all social media platforms.