Public Management

Ghana to provide $1 bln to complete the implementation of interrupted road projects

Ghana to provide $1 bln to complete the implementation of interrupted road projects
Friday, 10 May 2019 17:42

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

Additional Info

  • communiques: Non
  • couleur: N/A
On the same topic
South Africa’s Happy Pay raises $5 million to expand BNPL services Funds to boost partnerships, technology, and fraud prevention...
Boston Consulting Group estimates Africa’s creative exports could reach $140–150 billion by 2030. The sector currently generates $59...
Ivory Coast outlined eight budget priorities focused on reforms, performance, and revenue mobilization. Authorities aim to complete the IMF-backed...
(SOUTHBRIDGE) - SouthBridge Investments announced its selection, for the second time, as an Emerging Impact Manager (EIM) in the ImpactAssets 50® (IA 50)...
Most Read
01

Telecel Ghana to boost network investment by 150% in 2026 Expansion targets capacity, reliabi...

Telecel Ghana plans 150% investment increase in MTN-dominated market
02

Namibia and Russia agreed to expand cooperation across energy, mining, and agriculture. Both coun...

Namibia and Russia Expand Economic Cooperation Across Key Sectors
03

Four years after Russia’s 2022 invasion of Ukraine, the fertilizer market is facing a new shock as m...

Hormuz Tensions Rattle Fertilizer Markets, Adding Pressure to Global Food Supply
04

Cameroon signs MoUs for $1.5 billion waste-to-energy projects Plans target waste treat...

Cameroon Signs $1.5 Billion Waste-to-Energy MoUs Amid Urban Sanitation Strain
05

Côte d’Ivoire raises 110bn CFA francs, meeting full target Investor demand hits 291bn CFA fra...

Côte d’Ivoire Raises $193 Million as Banks Drive Demand for Short-Term Bills
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.