In a significant move aimed at bolstering national revenue and infrastructure maintenance, the Cabinet has granted approval for the reintroduction of road and bridge tolls across Ghana starting in 2025. This announcement was made by Dr. Mohammed Amin Adam, the Member of Parliament and Finance Minister, during the presentation of the mid-year budget review in Parliament.
Dr. Adam highlighted the importance of the reintroduction of tolls as a critical measure to generate much-needed funds for the upkeep and development of the country’s road network. “The reintroduction of road and bridge tolls will provide a sustainable source of funding for the maintenance and expansion of our road infrastructure,” he said. “This decision is crucial for ensuring the safety and efficiency of our transportation system.”
The framework for the reintroduction of tolls will encompass various aspects, including the rates, collection methods, and the management of the funds generated. According to Dr. Adam, the government is committed to implementing a transparent and efficient system to ensure that the revenues are effectively utilized for their intended purpose.
Key Highlights of the Framework
1. Toll Rates and Collection: The Finance Minister assured that the toll rates would be carefully determined to avoid undue burden on commuters while ensuring that sufficient funds are collected. The collection process will leverage modern technologies to minimize leakages and ensure efficiency.
2. Allocation of Funds: The revenues generated from the tolls will be earmarked exclusively for road and bridge maintenance and development projects. A dedicated fund will be established to manage these revenues, with regular audits to ensure transparency and accountability.
3. Public-Private Partnerships: To enhance the quality and reach of infrastructure projects, the government plans to engage in public-private partnerships (PPPs). This approach aims to attract private investment and expertise in the construction and management of roads and bridges.
4. Stakeholder Engagement: The reintroduction of tolls will involve extensive consultations with various stakeholders, including transport unions, road users, and civil society organizations. Their input will be crucial in shaping a system that addresses the needs and concerns of all parties involved.
Economic Implications
The reintroduction of road and bridge tolls is expected to have significant economic benefits. By generating additional revenue, the government can reduce its reliance on external loans and grants for infrastructure projects. This move aligns with the broader objective of achieving fiscal sustainability and reducing the national debt burden.
Moreover, improved road infrastructure will facilitate smoother and safer transportation, thereby enhancing trade and commerce within the country and across the region. Efficient road networks are vital for economic growth, as they reduce travel time and vehicle operating costs, boost productivity, and improve access to markets and services.
Public Reception and Challenges
While the reintroduction of tolls is seen as a positive step towards sustainable infrastructure funding, it may face resistance from some quarters. Concerns about the affordability of tolls and the effective use of the collected funds are likely to be raised. The government’s commitment to transparency and stakeholder engagement will be crucial in addressing these concerns and gaining public support.
Dr. Adam emphasized the government’s readiness to listen to and address any issues that may arise during the implementation phase. “We are committed to ensuring that this policy benefits all Ghanaians and contributes to the long-term development of our nation,” he stated.
As Ghana prepares for the reintroduction of road and bridge tolls in 2025, the focus will be on building a robust and fair system that supports the country’s infrastructure needs and economic aspirations. This initiative marks a significant step towards a more sustainable and self-reliant economy.
