The Majority Caucus in Parliament has revealed that the government has disbursed over GH¢6 billion to contractors in the past two months.
This announcement follows allegations from the Minority Caucus that the government borrowed GH¢7 billion from the Treasury Bill market to fund these payments. The Chamber of Construction Industry has denied this borrowing claim.
Addressing Parliament, Majority Leader Alexander Afenyo-Markin confirmed the substantial payment, stating that it has resulted in the resumption of stalled road projects.
“In the last two months, the government has paid contractors in excess of GH¢6 billion. I repeat, GH¢6 billion. These monies, Mr. Speaker, paid to contractors have enabled them to get back to the roads. We know what is happening in our constituencies. We know that contractors are back on site. Roadworks are ongoing,” he stated.
