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
The Bank of Ghana created a steering committee and a technical committee to design a bank listing framework. Ghana’s pension fund assets exceed 100...
Proparco granted a CFA1.3 billion ($2 million) loan to VisionFund Senegal. Women represent 95% of VisionFund Senegal’s clients. VisionFund will use...
The UMOA Banking Commission sanctioned three banks in Côte d’Ivoire, Niger and Togo with disciplinary reprimands and fines. The regulator imposed...
Income tax threshold to rise to 30,000 shillings per month Government aims to ease cost-of-living pressures and boost household...
Most Read
01

Deposits grow 2.7%, supporting lending recovery Average loan sizes small, credit risk persists ...

Togo Microfinance: Deposits and Loans Rise Simultaneously in Q3 2025
02

Oil majors expand offshore exploration from Senegal to Angola Gulf of Guinea accounts for about 1...

Gulf of Guinea regains appeal as a key exploration hub for oil majors
03

MTN is considering buying back telecom towers it sold years ago, signalling that control of infras...

MTN’s Talks to Buyout IHS: A Strategic Reversal That Could Reshape African Telecoms
04

Rwanda, partners break ground on $2 billion Kigali Innovation City Smart city targets ...

Rwanda Mobilises Global, Local Finance for $2Bln Innovation City Targeting Africa’s Digital Economy
05

The BCEAO granted Semoa a level-3 “full service” payment institution license on January 27, 2026...

Togolese Fintech Semoa Wins Full-Service BCEAO License
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.