(Ecofin Agency) - Ghana will provide $1 billion for the implementation of the ongoing road projects, minister of roads and highway Kwasi Amoako-Attah (photo) indicated this week.
According to Graphic Online, part of the funds will be used to pay the government’s debt towards road contractors while the remaining will help relaunch interrupted road projects.
Revenue collection will be improved via notably the privatization of toll gates, a project allocation. The government thus wants to improve the road network to advance the socio-economic development projects it initiated.
Ghana has decided to heavily invest in infrastructures to boost growth. The government announced the continuation of reforms initiated in the framework of a programme with the IMF (programme already exited) and multiplied loan projects to fund public expenses.
According to Amoako-Attah, the government has already paid about $4 billion of its debts towards road contractors.
Moutiou Adjibi Nourou