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Information Minister, Kojo Oppong Nkrumah has urged Ghanaians to assist government by paying their road tolls and other relevant road contributions in order to get better roads in the country. The Minister, speaking in an interview with Kwami Sefa Kayi on Peace FM s Kokrokoo , noted that as part of fixing the country, the citizens must play a pivotal role in the nation s development. He cited some reasons why the roads are in deplorable shape as the road fund containing meagre money which has made it difficult for the government to finance the contractors to construct the roads or resume work, for those who have abandoned their projects. ....
Government is seeking to implement an upward adjustment of existing road tolls to expand road infrastructure across the country. The review is to be aligned with current market rates, Caretaker Finance Minister, Osei Kyei-Mensah-Bonsu, announced to Parliament while presenting the government’s budget speech on Friday. “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 era,” he said. The Parliamentary Affairs Minister also disclosed that with the year under review, the government will do so by amending the Fees and Charges (Miscellaneous Provisions) Act, 2018 (Act 983) that governs the setting of rates and tolls. ....
+ Ghana’s economy has slumped into recession following the contraction of the economy in two consecutive quarters, according to a Ghanaian business newspaper, citing data released by the Ghana Statistical Service. The Ghanaian economy contracted by 3.1 percent in the second quarter of 2020 and 1.1 percent in the third quarter of 2020, sending the economy into recession for the first time in 40 years, according to the Business and Financial Times. The last time Ghana went into recession was in 1983, which was occasioned by political instability, famine and other economic unrests. The report attributed the third-quarter contraction to the coronavirus pandemic which largely affected the hospitality industry, resulting in a 62.1 percent contraction of the sector. Ghana in the early part of the year went into a lockdown, which resulted in hotels and restaurants closing down. Also, within the same quarter, the mining and quarrying sector, contracted by 16.9 percent. ....