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.
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.