General News of Monday, 13 May 2019Source: ghanaiantimes.com.ghGovernment to release $1bn for settlement of outstanding road debts - Amoako-AttahKwasi Amoako-AttahThe Minister of Roads and Highways, Kwasi Amoako-Attah, has disclosed that, plans are far advanced for the Ministry of Finance to release one billion US dollars for the ministry to pay outstanding road debts and construct new roads, among other projects. According to Mr Amoako-Attah, the ministry has decided to collaborate with the Ghana Cocoa Board to fund all cocoa roads and pay all outstanding road debts which government, for the past three years, has spent GH¢4billion on. Mr Amoako-Attah said because funding sources for road projects was limited, the ministry since 2017 had been embarking on a comprehensive project portfolio review to ensure that, projects were rationalised and adequately funded. He noted that, since the toll booths fetched the ministry a very lucrative income, the ministry would embark on a rehabilitation maintenance management for three because they are potential of funding road projects. Mr Ofori-Attah outlined projects like, 50 bridges on key trunk and feeder roads, Accra-Kumasi dual road, Kumasi ring road, Accra outer ring road, Tema-Akosombo road and hospital and meridian roads in Tema to be taken up by various private investors.

Source: GhanaWeb May 13, 2019 04:07 UTC