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It is a good decision to reintroduce road toll – Economist



Economist and Political Risk Analyst has welcomed the decision of government to reintroduce road toll which was abolished in 2021.

According to Dr Theo Acheampong, payment of road toll is mandatory in every country. He was thus surprised when government scrapped the toll.

He also agreed with government’s decision to increase the toll rate.

“It is a good decision. Everywhere in the world, people pay road toll. So when it was scrapped, I actually said it didn’t make much sense to scrap it in the first instance.

“It indicates the policy incoherence and inconsistency. So bringing it back is good, increasing the toll amount, I fully support that”, Dr Acheampong said when speaking on JoyNews’ Newsfile on Saturday.

It would be recalled that in November 2021, the Finance Minister announced the cessation of the collection of road tolls, subject to the approval of Parliament, during the presentation of the budget.

Mr Ofori-Atta cited congestion and traffic jams at the toll booths as justification for the decision.

On the back of this, the Roads and Highways Minister, Mr. Kwasi Amoako-Attah issued a press release to cancel the collection of road toll before Parliament could deliberate on the proposal which was presented by the Finance Minister.

However, in a memo dated March 10, 2023, the Finance Minister sought input on the new proposed rates from the Roads and Highways Ministry.

Mr Ofori-Atta’s proposal seeks an increment in the amount paid as road toll.

The government has since said the reintroduction of the toll is part of steps being taken to shore up revenues.

Per the memo sighted by, the proposal is for a composite average of 88.05 per cent increase across board.

To this end, the Head of Ghana Private Road Transport Union (GPRTU) Abbas Ibrahim Moro, has since disclosed that the union has no problem with the reintroduction of road toll but said they will only comply on condition that the money generated will be used for the right purpose.

He said many roads are still in deplorable states which leaves him baffled about where exactly the revenue has been channeled.

Defending the government’s decision to reintroduce road toll, Deputy Roads Minister Stephen Jalulah said it is because the E-levy is not raking in the needed revenue.

“Road tolls were only suspended, pending the approval of E-levy. Indeed, we use to get around GH₵70 million and that is a lot of money that can do something. But in the E-levy was a component of a chunck of money.

“If we had approved it earlier and if E-levy had worked the way it was conceived, I am not sure we’ll be having this conversation. But unfortunately, the E-levy failed us,” he said.

Commenting on the purpose for which the road toll would be used, Dr. Theo Acheampong said, “we want to see what the money is being used for and need to make sure that these new road toll that is being reintroduced, it was actually never scrapped, technically, it was zero-rated”.

He urged the government to channel the road levy into road projects that will benefit the country.

“We want to see that the monies are channeled into certain specific road projects and certain construction”, Dr Acheampong said.

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Gov’t to restrict importation of rice, ‘yemuadie’ and other products



The government is set to lay before Parliament today, November 21, a Constitutional Instrument (C.I) seeking to restrict the importation of selected strategic products into the country.

The items, numbering over 20, will include rice, tripe (popularly called “yemuadie” in Ghana), and diapers.

The government said the move is part of efforts to enhance local production.

Speaking during a press briefing in Parliament, the Minister of Trade and Industry, K.T Hammond said, “Stomach of animals, bladder and the chunk of intestines (yemuadie), the country had had to put in an amount of about $164 million towards the importation of these items. We are taking steps to ensure that in terms of rice, there’s no poverty of rice in the country.”

He emphasized, “By these restrictions, we are not going to ensure that there’s no food in the country at all; that is not the point at all. There have to be some efforts by the government to ensure that we go back to Acheampong’s operation feed yourself. There are about 22 items on the list, one of them, I think, is diapers.”

He announced the introduction of the Ghana Standards Authority Regulations 2023, which also seeks to streamline the manufacturing of cement to ensure competitive pricing.

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Mahama doesn’t understand 24hr economy; don’t vote for him – Bawumia



Vice President Dr. Mahamudu Bawumia says former President John Dramani Mahama does not understand the 24-hour economy policy he is proposing.

According to the Vice President, that policy is already being implemented in the country, as hospitals, fuel companies, among others, operate a 24-hour system.

Dr. Bawumia, therefore, urged Ghanaians to ignore Mahama during the 2024 polls since he has nothing new to offer and vote for the New Patriotic Party.

“John Mahama says he has a new idea. What is the idea? He says he wants a 24-hour economy. He doesn’t even understand that policy. Today in Ghana, our hospitals work 24 hours, our electricity company works 24 hours, our water company works 24 hours, our fuel stations work 24 hours, and many chop bars work 24 hours. Today because of digitalisation, you can transfer money 24 hours, you can receive money 24 hours… So he doesn’t understand his own policy. It doesn’t make sense.”

“So I want you to vote for me in 2024 because I will bring a new vision, I will bring a new policy. Mahama is the past, Dr Bawumia is the future. If John Mahama was there, we would say we have a dumsor economy, you can’t have a 24-hour economy in dumsor. So, you want to vote for Dr Bawumia in 2024, we will take the country to new heights,” Dr Bawumia stated.

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Bagbin rebukes IMF over alleged pressure to pass some bills under certificate of urgency



The Speaker of Parliament, Alban Bagbin, has accused the International Monetary Fund (IMF) of pressuring the House to pass a number of bills under a certificate of urgency.

Mr. Bagbin cited bills such as the Affirmative Action Bill, which is allegedly being pushed by the IMF as part of the conditionality for the balance of the $3 billion credit facility for Ghana.

Speaking at the Speaker’s Breakfast Meeting on Monday, Alban Bagbin insisted that the House will not be coerced by the IMF to pass the bill.

“Even in this budget, you can see the arm of the IMF in a lot of provisions in the budget. A critical bill like the Affirmative Action Gender Equality Bill has come to Parliament under a certificate of urgency. Please, it won’t happen; we won’t pass it under a certificate of urgency.”

“There are critical stakeholders we must consult and make sure we go together. We will not be dictated by the IMF; that one, you can be assured. This is a very critical bill that the IMF should know that we need the buy-in of the stakeholders to be able to implement it,” Alban Bagbin said.

The Affirmative Action Bill, when passed into law, would seek to expunge the historically low representation of women in decision-making spaces and promote democracy and development through all-inclusive participation.

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