Ghana: Finance Ministry Recommends Fees, Charges for New Road Tolls

The Ministry of Finance has beneficial new charges and costs for inputs within the revised Highway Tolls Act to allow the restart of the gathering of street tolls.

A letter dated March 10 by the Minister of Finance, Mr Ken Ofori-Atta and copied the Minis­ter of Roads and Highways, mentioned the advice commences the procedures, essential to de­termine the toll basis charges to be thought-about by the Ministry of Roads and Highways.

“We’re by this letter sending the beneficial charges for enter by the Ministry of Roads and Highways to allow this ministry to finalise the schedule of charges underneath the upcoming Legislative Instrument,” it famous.

Per the letter sighted by the Ghanaian Instances, there was a com­posite common enhance charge of 88.05 per cent throughout board.

Heavy buses, as an illustration, would pay GH¢1.50 whereas automobiles would pay 50Gp as a substitute of the proposed GH¢2 and GH¢1 re­spectively.

The letter said that, it was the duty of the Minister of Finance, underneath Part 6 of Act 1080, to amend the schedules of the Act to incorporate or exclude MDAs and/or regulate the charges and costs collected by MDAs for his or her companies by means of a Legislative Instrument, when vital.

According to this, it mentioned, the Ministry was by means of the rec­ommendation, initiating steps to offer for foundational charges for tolling of roads and highways as a part of the amendments of the Act, pending completion of the method to determine the roads and highways to be affected by the reintroduction of the street tolls as said within the finances.

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The street tolls had been cancelled in 2022 after Mr Ofori-Atta learn that 12 months’s finances in Parliament, introducing the Digital Transaction Levy (E-Levy) to rake up extra income from a bigger part of the general public.

Nonetheless, after income shortfalls from the E-Levy, the Minister introduced a reintro­duction of the tolls within the 2023 finances learn on November 24, 2022.

The reinstatement of the street toll was one of many rev­enue-generating plans within the 2023 finances that Mr Ofori-At­ta, submitted to Parliament.

The Finance Minister, in his speech, admitted that the sus­pension of street toll assortment had hampered the federal government’s income technology.

He defined that, the federal government was struggling to cope with the choice made in anticipation of the passage of the E-levy.

Following the cessation of the street toll, the Minority in Parlia­ment had been advocating the re­introduction of street tolls, arguing that the transfer was not financially sustainable, particularly because the authorities was struggling to lift income.