General News of Monday, 1 October 2018Source: rainbowradioonline.com$500m made available for payment of outstanding debt owed contractorsSome unpaid contractors besieging GETFund officeAn amount of $500 million has been made available to be paid to contractors who are owed arrears, According to the Executive Secretary of the Association of Building and Civil Engineering Contractors of Ghana, Cherry Emmanuel Awusanya, the amount covers 90 percent of all arrears owed them. “As we speak now, the government has engaged us in connection with this outstanding arrears. “The money as we speak now is ready, readily available for disbursement to pay the outstanding arrears. So no matter what, before the close of October, all outstanding arrears will be taken care of,” he said in an interview. The Association had threatened to embark on demonstration over their outstanding arrears but Mr Awusanya says they are not going to embark on the demonstration.

Source: GhanaWeb October 01, 2018 14:26 UTC