Government has hinted on the timeline it has set to pay road contractors in the country the certificates and monies owed them by the government.
According to the Vice President, Dr Mahamudu Bawumia, government will clear 80% of arrears owed road contractors before November ends.
Speaking at the 43rd celebration of Kobine festival at Lawra in the Upper West region, Dr Bawumia revealed the contractors will be paid in two batches.
“By November, 80% of all road contractors the government owes will receive full payment for their certificates.
The remaining 20% who turn to be the very big contractors will initially receive 40% of outstanding amount to start with,” he told the gathering.
Dr Bawumia added that the 20% will receive the rest of their payments subsequently, adding that “it is going to be a game-changer for our roads in Ghana.”
The Vice President, however said that the payment will be made for various projects to be completed across the country.
However, road Contractors in Ghana have been up in arms with government over delayed payments of arrears after repeated promise by government did not materialise.
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In the last quarter of 2018, government announced that the GETFUND had secured a 1.5 billion dollar loan to pay contractors. But the year ended with no monies paid.
