GhCCI urges government to release outstanding payments to contractors

The Ghana Chamber of Construction Industry (GhCCI) has called on the Government to urgently settle outstanding Interim Payment Certificates (IPCs) promised by President John Dramani Mahama, warning that delayed payments are placing severe financial strain on contractors, consultants, suppliers and other stakeholders in the construction sector.

In a letter addressed to Kwame Governs Agbodza, Minister of Roads and Highways, the Chamber commended the Government’s Big Push Agenda, noting its transformative impact on Ghana’s infrastructural development and the innovative prompt payment package designed to improve liquidity in the construction value chain.

However, the Chamber highlighted that many of its members continue to face financial distress due to delayed IPC settlements, despite the President’s assurance that payments would be effected before the end of July 2025.

“The prolonged delay in effecting payments is inflicting severe financial hardship across the construction ecosystem.

"Contractors are unable to meet payroll and operational costs; consultants and suppliers face mounting arrears and the sector is increasingly burdened with legal threats and enforcement actions from statutory institutions such as SSNIT and the GRA over unpaid deductions and taxes,” the letter stated.

The GhCCI urged the Government to; Immediately release all outstanding IPC payments in line with the President’s promise.

Establish a transparent and time-bound payment schedule for future IPCs to provide predictability in cash flow.

Engage the GhCCI and relevant stakeholders in monitoring the disbursement process to build accountability and restore confidence in the sector.

The Chamber emphasised that prompt action would protect thousands of jobs, sustain ongoing infrastructure works and maintain trust between the Government and private sector actors driving national development.

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