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Mid-year Budget: Road and Bridge Tolls will be reintroduce in 2025 – Finance Minister

July 23, 2024
tuba_toll_booth

Finance Minister Dr. Mohammed Amin Adam has announced the decision by the government to reintroduce road and bridge tolls in 2025.

He said the government has approved an additional GH¢1.5 billion for settling unresolved claims associated with financial management companies.

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He made the announcements in Parliament on Tuesday during the presentation of the mid-year fiscal policy review for 2024.

He stated that the government has given approval for the development of a structure for the reimplementation of 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 declared.

The government has approved “the operationalisation of the integrated property tax system; and the amendment of the Fiscal Responsibility Act and reinstate the numeric threshold that was suspended in 2020,” he added.

By: Rainbowradioonline.com/Ghana

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