Tag: Contractor Payments
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Ghana Loses 70% of Road Construction Funds to Interest Payments
Ghana's road construction sector hemorrhages approximately 70% of allocated funds through interest payments on delayed contractor settlements, Deputy Finance Minister Thomas Ampem Nyarko revealed...
Ghana Road Contractors Idle Amid Payment Delays, Minister Reports
Roads Minister Governs Kwame Agbodza disclosed that over 90% of contractors on national road projects remain inactive despite holding project sites, citing delayed payments...
Former Minister Warns Against Pension Fund Pressure
Former Finance Minister Mohammed Amin Adam has cautioned Ghana's government against compelling pension funds to absorb risky bonds amid fiscal shortfalls.
In a July 16,...
Ghana to Pay GH₵4 Billion to Road Contractors Amid Broader Economic Reforms
Roads Minister Governs Kwame Agbodza has confirmed the government will disburse GH₵4 billion this month to contractors owed from a GH₵21 billion debt inherited...
Mahama Pledges Swift Payments for Big Push Infrastructure Contractors
President John Mahama has assured contractors working on the government’s Big Push infrastructure program that they will receive payments within two weeks of submitting payment certificates.
The...
