President John Dramani Mahama has announced that the government will begin clearing debts owed to road contractors by the end of July 2025.
According to him, the Minister of Finance, Dr Cassiel Ato Forson, has allocated funds for the payment of outstanding arrears.
Speaking during a meeting with the Council of State at the Presidency on Monday, July 7, 2025, President Mahama said the payments would enable contractors to return to project sites and resume delayed infrastructure works.
“Payment is set to begin at the end of this month. The Minister of Finance has set aside funds to start clearing the arrears owed to contractors. I’m confident that some of the contractors working on your projects will be paid and can return to site to continue their work,” he stated.
The planned disbursement comes in response to threats by contractors working on the Ofankor road, who have announced plans to stage a demonstration on Saturday, July 8, 2025, over delayed payments.
The total outstanding debt owed to road contractors is estimated at approximately GH¢40 billion.
It will be recalled that the Minister for Roads and Highways, Kwame Governs Agbodza, revealed during his vetting before the Appointments Committee of Parliament on January 20, 2025, that the previous Akufo-Addo administration left behind a GH¢135 billion debt in the road sector.
He noted that the amount included a GH¢100 billion commitment debt, GH¢20 billion in unpaid certificates for roads executed and expected to be paid by the Government of Ghana (GoG), and GH¢15 billion in certificates lodged with the Road Fund.
SA/MA
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