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2023 Budget: Automate toll booths to generate revenue – Economist

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Collection of tolls on public roads may resume soon. However before its resumption, a PPP agreement would be put before Parliament for consideration.

Ken Ofori Atta, the Finance Minister, ken Ofori Atta said this when he spoke on the floor of Parliament.

“Mr. Speaker, Government is pursuing the strategic decision to procure the 27.7km of the Accra-Tema Motorway and Extensions Project through the Ghana Infrastructure Investment Fund (GIIF). A PPP Concession Agreement backed by an appropriate toll arrangement will be presented to Parliament for approval to facilitate its execution. Provision has also been made in the 2023 and the Medium-Term Budget for the Equity and Viability Gap Funding required by a GIIF Special Purpose Vehicle (SPV) to enable the project to start in earnest in 2023. The project will be delivered in phases,” he said.

In response to the government’s strategy to aggressively increase revenue mobilisation, Economist Bismark Osei is proposing the automation of the collections of road tolls. He said this when he spoke on A1 Radio’s Day Break Upper East Show today, Monday, November 28, 2022. 

“Why are we not automating toll booths? Go to the Tema Motorway. Go to Kumasi and Cape Coast you get about 100,000 cars passing there everyday. Let’s automate the toll booths and see the amount of money we would accumulate with the toll booths,” he said.

Source: A1radioonline.com|101.1MHz|Mark Kwasi Ahumah Smith|Ghana

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