best and quality

Government Reintroduces Road Tolls in 2024 Mid-Year Budget

 

In a significant policy shift, the government has announced the reintroduction of road tolls as part of its 2024 mid-year budget review. The move, aimed at boosting revenue and improving road infrastructure, was unveiled by Finance Minister Ken Ofori-Atta during a presentation to Parliament today.

The reintroduction of road tolls comes after a period of suspension that began in 2022, during which the government explored alternative funding mechanisms for road maintenance and development. However, rising costs and the urgent need for infrastructure improvements have prompted a return to the toll system.

“Effective immediately, road tolls will be reinstated at all major highways and toll booths across the country,” Ofori-Atta announced. “This decision is essential for generating the necessary funds to maintain and expand our road network, ensuring safer and more efficient transportation for all Ghanaians.”

The new toll rates will be structured to reflect current economic conditions, with considerations for both private and commercial vehicles. The Finance Minister emphasized that the revenue collected from road tolls will be transparently managed and dedicated exclusively to road maintenance and development projects.

The reintroduction of road tolls has elicited mixed reactions from the public and stakeholders. While some welcome the move as a practical solution to the country’s infrastructure challenges, others express concerns about the financial burden on commuters.

“Reintroducing road tolls is a necessary step to ensure that our roads are kept in good condition,” said Kwame Asante, a transportation analyst. “However, it’s important that the government ensures the funds are used effectively and that the toll rates are fair and affordable for all users.”

On the other hand, some citizens are worried about the impact on their daily expenses. “With the current economic situation, adding road tolls will strain our finances even more,” said Akosua Mensah, a commuter in Accra. “The government needs to consider measures to cushion the impact on ordinary Ghanaians.”

The opposition National Democratic Congress (NDC) has criticized the decision, arguing that the government should explore other revenue-generation strategies that do not impose additional costs on the public. “Reintroducing road tolls is not the solution to our economic challenges,” said NDC spokesperson Cassiel Ato Forson. “The government must find more innovative and equitable ways to raise funds without burdening the people.”

In response to these concerns, Ofori-Atta assured that the government is committed to minimizing the financial impact on citizens while addressing the urgent need for road infrastructure funding. “We understand the concerns of Ghanaians, and we are working to implement this policy in a way that balances revenue generation with fairness and affordability,” he said.

The reintroduction of road tolls marks a pivotal moment in the government’s efforts to address infrastructure needs and fiscal challenges. As the policy takes effect, its impact on the economy, transportation sector, and daily life of Ghanaians will be closely monitored.

story filed by: Nana kwaku Duah

Facebook
WhatsApp

Related Post