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The Ministry of Finance has really helpful new charges and fees for inputs within the revised Street Tolls Act to allow the restart of the gathering of highway 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 of by the Ministry of Roads and Highways.
“We’re by this letter sending the really helpful charges for enter by the Ministry of Roads and Highways to allow this ministry to finalise the schedule of charges beneath the upcoming Legislative Instrument,” it famous.
Per the letter sighted by the Ghanaian Occasions, there was a composite common improve charge of 88.05 per cent throughout board.
Heavy buses, for example, would pay GH¢1.50 whereas vehicles would pay 50Gp as a substitute of the proposed GH¢2 and GH¢1 respectively.
The letter acknowledged that, it was the accountability of the Minister of Finance, beneath Part 6 of Act 1080, to amend the schedules of the Act to incorporate or exclude MDAs and/or alter the charges and fees collected by MDAs for his or her companies via a Legislative Instrument, when needed.
In keeping with this, it mentioned, the Ministry was via 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 establish the roads and highways to be affected by the reintroduction of the highway tolls as acknowledged within the finances.
The highway 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.
Nevertheless, 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 highway 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 highway toll assortment had hampered the federal government’s income era.
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 highway toll, the Minority in Parliament had been advocating the reintroduction of highway tolls, arguing that the transfer was not financially sustainable, particularly because the authorities was struggling to lift income.
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