{"id":595995,"date":"2019-03-03T05:13:46","date_gmt":"2019-03-03T05:13:46","guid":{"rendered":"<br><div>\n<!-- \/1002554\/MJO_Announcement_250X340 -->\n<!-- <div id='div-gpt-ad-1550929497923-0' style='float:right;z-index: 996;height:340px; width:250px;'>\n\n<\/div> -->\n<!-- 8th March (2wks) -->\n<div style=\"float:right;z-index: 996;height:340px; width:250p"},"modified":"2019-03-03T05:13:46","modified_gmt":"2019-03-03T05:13:46","slug":"finance-ministry-begins-issuing-cheques-to-getfund-contactors","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2019\/03\/03\/finance-ministry-begins-issuing-cheques-to-getfund-contactors\/","title":{"rendered":"Finance Ministry begins issuing cheques to GETFund contactors"},"content":{"rendered":"<p><\/p>\n<div>\n<!-- \/1002554\/MJO_Announcement_250X340 --><br \/>\n<!-- \n\n<div id='div-gpt-ad-1550929497923-0' style='float:right;z-index: 996;height:340px; width:250px;'>\n\n<\/div>\n\n --><br \/>\n<!-- 8th March (2wks) --><\/p>\n<div style=\"float:right;z-index: 996;height:340px; width:250px;\">\n<img decoding=\"async\" src=\"https:\/\/cdn.ghanamma.com\/2019\/03\/glauc-new.jpg\" data-pagespeed-url-hash=\"1830378809\" onload=\"pagespeed.CriticalImages.checkImageForCriticality(this);\"\/>\n<\/div>\n<p style=\"margin-left:0in; margin-right:0in\"><span style=\"font-family:Arial,Helvetica,sans-serif\">The government on Wednesday started paying contractors for projects that have been executed under the GETFund. <\/span><\/p>\n<p style=\"margin-left:0in; margin-right:0in\"><span style=\"font-family:Arial,Helvetica,sans-serif\">A number of contractors are said to have received their cheques after a protracted delay.<\/span><\/p>\n<p><!-- \/1002554\/Myjoyonline\/mjo-article-leaderboard_mid-1 --><\/p>\n<p style=\"margin-left:0in; margin-right:0in\"><span style=\"font-family:Arial,Helvetica,sans-serif\">The President of the Association of Building and Civil Engineering Contractors of Ghana (ABCECG),<\/span><span style=\"font-family:Calibri,sans-serif\"><span style=\"font-family:Arial,Helvetica,sans-serif\"> <\/span><\/span><span style=\"font-family:Arial,Helvetica,sans-serif\">Prosper Yao Ledi, when contacted confirmed that some members of the Association have received their cheques.<\/span><\/p>\n<p style=\"margin-left:0in; margin-right:0in\"><span style=\"font-family:Arial,Helvetica,sans-serif\">\u201cI can say that some of our members have been paid and we glad that finally, our persistent plea is being heeded.\u201d <\/span><\/p>\n<p><!-- \/1002554\/Myjoyonline\/mjo-article-leaderboard_mid-2 --><\/p>\n<p style=\"margin-left:0in; margin-right:0in\"><span style=\"font-family:Arial,Helvetica,sans-serif\">Mr. Led, however,\u00a0urged the government not to truncate the payment that has begun to ensure that all arrears owed the contractors are paid. \u201cIt is our fervent hope that the payment that has started will continue until everyone owed is duly paid, so that life can return to normalcy for us contractors. It has really been tough,\u201d he indicated.<\/span><\/p>\n<p style=\"margin-left:0in; margin-right:0in\"><span style=\"font-family:Arial,Helvetica,sans-serif\">The ABCECG President commended government but advised that every effort should be made to depart from the perennial delayed payment of contractors. <\/span><\/p>\n<p style=\"margin-left:0in; margin-right:0in\"><span style=\"font-family:Arial,Helvetica,sans-serif\">He explained that delayed payments do not only hurt contractors but affects the economy negatively. <\/span><\/p>\n<p style=\"margin-left:0in; margin-right:0in\"><span style=\"font-family:Arial,Helvetica,sans-serif\">He therefore called for a dialogue with the government to find ways to permanently end the practice that has plagued contractors for years. He reiterated the commitment of the Association to work with government to build the country\u2019s infrastructure.<\/span><\/p>\n<p><!-- \/1002554\/Myjoyonline\/mjo-article-leaderboard_mid --><\/p>\n<p style=\"margin-left:0in; margin-right:0in\"><span style=\"font-family:Arial,Helvetica,sans-serif\">Contractors have been up in arms with the government over delayed payments of arrears, after repeated promises by the government did not materialise. <\/span><\/p>\n<p style=\"margin-left:0in; margin-right:0in\"><span style=\"font-family:Arial,Helvetica,sans-serif\">In the last quarter of 2018, government announced that the GETFUND had secured a 1.5 billion dollar loan to pay contractors.\u00a0 But the year ended with no monies paid.<\/span><\/p>\n<p style=\"margin-left:0in; margin-right:0in\"><span style=\"font-family:Arial,Helvetica,sans-serif\">After repeated threats from the contractors to go on a demonstration, the Association of Building and Civil Engineering Contractors of Ghana (ABCECG) last Friday, issued a press statement with a litany of concerns, prime among them being the non-payment of arrears and the luxury tax. <\/span><\/p>\n<p><!-- \/1002554\/Myjoyonline\/mjo-article-leaderboard_mid --><\/p>\n<p style=\"margin-left:0in; margin-right:0in\"><span style=\"font-family:Arial,Helvetica,sans-serif\">Mr. Ledi who looked relieved however indicated that the Association will monitor the payments to be certain that all contractors who deserve to be paid have received their cheques. <\/span><\/p>\n<p style=\"margin-left:0in; margin-right:0in\">\u00a0<\/p>\n<p><!-- \/1002554\/Myjoyonline\/mjo-article-leaderboard_mid --><\/p>\n<\/div>\n<p><script async>(function(d,s,id){var js,fjs=d.getElementsByTagName(s)[0];if(d.getElementById(id))return;js=d.createElement(s);js.id=id;js.src=\"http:\/\/connect.facebook.net\/en_GB\/sdk.js#xfbml=1&version=v2.10&appId=1559506714349564\";fjs.parentNode.insertBefore(js,fjs);}(document,'script','facebook-jssdk'));<\/script><\/p>\n<p>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a style=\"display:none\" rel=\"follow\" href=\"http:\/\/megatheme.ir\/\" title=\"\u0642\u0627\u0644\u0628 \u0648\u0631\u062f\u067e\u0631\u0633\">\u0642\u0627\u0644\u0628 \u0648\u0631\u062f\u067e\u0631\u0633<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The government on Wednesday started paying contractors for projects that have been executed under the GETFund. A number of contractors are said to have received their cheques after a protracted delay. The President of the Association of Building and Civil Engineering Contractors of Ghana (ABCECG), Prosper Yao Ledi, when contacted confirmed that some members of [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":595996,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"class_list":["post-595995","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Finance Ministry begins issuing cheques to GETFund contactors - Ghanamma.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ghanamma.com\/2019\/03\/03\/finance-ministry-begins-issuing-cheques-to-getfund-contactors\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Finance Ministry begins issuing cheques to GETFund contactors - Ghanamma.com\" \/>\n<meta name=\"twitter:description\" content=\"The government on Wednesday started paying contractors for projects that have been executed under the GETFund. 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