Politics
E-levy Will Be Used As Collateral For Loans – Roads Minister
The Minister of Roads and Roadways, Kwesi Amoako-Atta has bared that the main end of thee-levy is to get bonds for the country.
He said the New Patriotic Party (NPP) government intends to use the levies as collateral to get loans for the country.
“The government in its wisdom has proposed the passage of the E-levy to bring more revenue to build the road infrastructure of our country for all of us.”
“So the government is looking forward for the passage of the E-levy that will bring in greater revenue that would be securitized and then used to raise bond if possible to build the road infrastructure,” he said.
Hon. Amoako-Atta said the government needs plutocrat to make structure especially roads.
Lately,Hon. Amoako-Atta called for support for the tax because it’ll be used to debts owed contractors.
Speaking at a meeting with the leadership of the Road Contactors Association, the Minister, Kwasi Amoako-Atta also mentioned that a number of deplorable roads will be fixed when theE-Levy is enforced.
“When the E-levy is implemented, the road sector will get its fair share. All contractors owed by the government will be paid. A number of deplorable roads will be fixed when the E-Levy is introduced because all contractors we owe will be paid. You are going to benefit directly from its implementation. No serious government will joke with its contractors.”
Mr. Amoako-Atta also noted that there are proffers for the colorful risk cells dotted across the country to be converted into decent washrooms.
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