Contractors go wild over unpaid debt

Contractors go wild over unpaid debt

Chief Executive Officer (CEO) of the Chamber of Construction Industry Emmanuel Cherry has expressed deep concern over the plight of contractors struggling over government unpaid arrears.

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“Most contractors are suffering, they hardly survive because of government non-payment for the work they have done.

Speaking on Adom FM’s morning show, Dwaso Nsem Wednesday, Mr Cherry said the prolonged delay in payment by government has prompted contractors to suspend operations.

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Cherry also revealed that, the cumulative outstanding amount owed by the government is over GH¢20 billion cedis.

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COCOBOD owes contractors over 4 billion, Road Fund about GH¢6 billion, GOG 5 billion+, and Get Fund owes contractors and has paid some but since 2019 we haven’t been paid.”

“90% of contractors including their workers and professionals are still home because of delayed payment by the government

Otumfuo calls for improved payment systems for road contractors

Source: AdomOnline
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