Finance Minister, Dr. Mohammed Amin Adam has revealed that the government will allocate GH¢1.5 billion to resolve outstanding claims from financial management companies.
This announcement was made during the presentation of the 2024 mid-year fiscal policy review in Parliament on Tuesday, July 23.
Dr. Amin Adam also disclosed that the government has approved plans to reintroduce road and bridge tolls in 2025.
This move, according to him, is part of a broader strategy to improve infrastructure funding and management.
“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 disclosed.
In his address, Dr. Amin Adam emphasized the government's commitment to addressing financial obligations and maintaining fiscal discipline.
He noted that these measures are aimed at enhancing economic stability and supporting national development efforts.
Latest Stories
-
Actress Benyiwaa of ‘Efiewura’ TV series dead
6 minutes -
Ashanti Regional Chief Imam dies at age 74
31 minutes -
Africa Arts Network calls for tax reform to save Ghana’s theatre industry
43 minutes -
SSTN Ghana Chapter reaffirms commitment to economic growth under new leadership
50 minutes -
Inlaks strengthens leadership team with key appointments to drive growth across sub-Saharan Africa
2 hours -
Green Financing: What Ghana’s Eco-startups need to know
2 hours -
CHAN Qualifiers: Amoah confident of beating Nigeria
2 hours -
Governments deprioritising health spending – WHO
2 hours -
Lordina Foundation brings Christmas joy to orphans
2 hours -
Yvonne Chaka Chaka to headline ‘The African Festival’ this December
2 hours -
Nigerian man promised pardon after 10 years on death row for stealing hens
2 hours -
MGA Foundation deepens support for Potter’s Village
3 hours -
Galamsey: One dead, 3 injured as pit collapses at Nkonteng
3 hours -
Man, 54, charged for beating wife to death with iron rod
3 hours -
MedDropBox donates to UG Medical Centre
3 hours