You have 2 weeks to pay our arrears-Local contractors bare teeth at govt

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Spokesperson for the Contractors Association of Ghana, Richard Nyarko has warned that local contractors are close to hitting the streets in protest to unpaid arrears owed them by government.

Bemoaning the unsavory biases meted out against indigenous contractors, Mr Nyarko poured out the plight of several project handlers and the financial risks they are exposed to, when government delays payments of monies due them after contract executions.

“Sometimes we pick loans from banks to pre-finance a project as we wait for government to do its part, however, we end up in a lot of trouble because government disappoints us and we end up in a lot of financial troubles with our loaners chasing us”, he lamented.

The agitated contractor said the unpredictability of the Ghanaian financial environment is a threat to their business engagements with inflation eating up their profits when payments are delayed from government. “We could hit the streets in a matter of weeks if are arrears are not paid, we are in a lot of trouble and government must intervene quickly”, he concluded.


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Kennedy Mornah is an Award Winning Ghanaian Journalist with over two decades of experience in the Ghanaian Media landscape spanning the electronic, print and digital media. He is a Media Consultant, a Corporate MC, Radio and TV Host, Founder and Publisher of the Maritime and Transport Digest Newspaper, Businessman, a Go getter and an optimist. He has worked for renowned media organizations including Diamond Fm in Tamale, Luv Fm in Kumasi, Oman Fm in Accra and Starr Fm in Accra In 2017 he received the Reporter of the Year Award at the Ghana Shippers Awards in Accra, Ghana.

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