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Home Ghana News

Amoako Atta Reveals Should the E-Levy be Passed, The NPP Government will use it as collateral to take extra Loans

News Reporter by News Reporter
March 4, 2022
in Ghana News
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The Minister of Roads and Highways, Kwesi Amoako-Atta has disclosed that the main aim of the e-levy is to get bonds for the country

He said the New Patriotic Party (NPP) government intends to use the taxes as collateral to get loans for the country.

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Hon. Amoako-Atta said the government needs money to build infrastructure especially roads.

“The government in its wisdom has proposed the passage of the E-levy to bring more revenue to build the road infrastructure of our country for all of us.”

“So the government is looking forward for the passage of the E-levy that will bring in greater revenue that would be securitized and then used to raise bond if possible to build the road infrastructure,” he said.

Recently, Hon. Amoako-Atta called for support for the levy because it will be used to debts owed contractors.

Speaking at a meeting with the leadership of the Road Contactors Association, the Minister, Kwasi Amoako-Atta also mentioned that a number of deplorable roads will be fixed when the E-Levy is implemented.

“When the E-levy is implemented, the road sector will get its fair share. All contractors owed by the government will be paid. A number of deplorable roads will be fixed when the E-Levy is introduced because all contractors we owe will be paid. You are going to benefit directly from its implementation. No serious government will joke with its contractors.”

Mr. Amoako-Atta also noted that there are proposals for the various toll booths dotted across the country to be transformed into decent washrooms.

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