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Government to spend GH¢13.9 billion on infrastructure in 2025 – Deputy Finance Minister
Government will commit GH¢13.9 billion in 2025 to priority infrastructure projects under its “Big Push” initiative, with the amount projected to rise to GH¢21.2 billion by 2028, Deputy Finance Minister Thomas Ampem Nyarko has announced.
According to him, the funds will be drawn mainly from petroleum revenues under the Annual Budget Funding Amount (ABFA) and mineral royalties.
He indicated that the projects will focus on roads, transport, energy, power generation, digital infrastructure, and urban and rural development.
Mr. Ampem described the “Big Push” as an economic reset powered by a US$10 billion programme, stressing that the country’s infrastructure needs remain urgent.
He explained that Ghana requires US$37 billion every year for the next 30 years to meet development goals across sectors. Maintaining existing infrastructure alone, he added, will cost an extra US$8 billion annually.
The Deputy Minister drew attention to Ghana’s score of 47 out of 100 on the Global Infrastructure Hub index, which is below the average for lower-middle-income countries.
He argued that this was a sign of chronic underinvestment in critical sectors.
“Our cities need better transport. Our industries require dependable energy. Our farmers need modern irrigation. And our youth demand digital highways for the future,” he emphasized.
Mr. Ampem highlighted the limits of government spending, pointing out that the public purse cannot meet the demands alone. He stressed that Public-Private Partnerships (PPPs) are therefore indispensable.
He revealed that the Ghana Infrastructure Investment Fund (GIIF) will set up Special Purpose Vehicles (SPVs) to attract private capital, blended finance, and international development funding.
The Deputy Minister urged both local and international investors to explore opportunities in transport, energy, digital infrastructure, and urban development, describing them as “vast and transformative.”
He assured that the framework is in place, the vision is clear, and the government’s commitment under President Mahama’s leadership remains firm.
Mr. Ampem called for strong collaboration between government and the private sector, noting that sustainable infrastructure transformation will require a united effort.
The announcement was made at the KPMG Infrastructure Roadshow in Accra, held under the theme “Unlocking Ghana’s Public-Private Partnership Potential: Bridging Reform and Results”.
The event brought together policymakers, investors, engineers, and business leaders to explore strategies for accelerating infrastructure development.
By: Jacob Aggrey
A leading member of the newly rebranded United Party, also known as UP, Hopeson Adorye, has called on Ghanaians who feel dejected or oppressed in politics to join the new party, describing it as a better political home for all.
He made these remarks at the launch and rebranding of the Movement for Change into the United Party (UP) at the Coconut Grove Hotel in Accra on Thursday, October 16.
Mr. Adorye explained that the party was fully ready to serve as an alternative political force to address Ghana’s challenges.
He noted that the UP leadership was focused and determined to change the country’s political structure and bring meaningful transformation.
He stated that the party’s vision was to build a united Ghana, stressing that without unity, the nation could not make real progress.
According to him, the mission of the UP was to create a prosperous country where every citizen could provide for themselves and their families.
Mr. Adorye emphasised that the new party was not formed to destroy any existing political organization but to contest and win elections to bring about the needed change.
He expressed confidence that many Ghanaians from different political backgrounds, including those dissatisfied with their current parties, would join UP+ because of its values and inclusive ideology.
He added that the party was building its structures from the grassroots and hoped to complete them by the end of the year as part of efforts to strengthen its national presence.
The Founder of the United Party (UP), Alan Kwadwo Kyerematen, also addressed the gathering and reflected on the transformation of the Movement for Change into the UP+.
He explained that the rebranding marked a new phase of political renewal, symbolized by the monarch butterfly in the party’s logo, which represents transformation, resilience, and endurance.
Mr. Kyerematen noted that the colors of the party yellow, black, and white stood for Ghana’s gold resources, the black star of Africa, and purity, respectively.
He stated that the UP stands for ethical leadership, integrity, and unity, adding that many of its members entered politics to serve the nation, not for personal gain.
He revealed that the party’s Great Transformational Plan (GTP), which has received global recognition, would guide the UP+ government when elected.
“The plan is designed to stabilize the economy, reduce the national debt, and promote industrial growth through ten strategic anchor industries” he added.
He explained that the health policy would emphasize preventive care, community-based services, and the inclusion of traditional and herbal medicine, which many Ghanaians rely on.
Mr. Kyerematen further stated that the UP would promote a strong Pan African agenda, explaining that Ghana’s prosperity must be tied to the wellbeing of the entire continent.
He noted that the party believes in Ghana first, and its policies were anchored on uniting the country and restoring hope in national development.
By: Jacob Aggrey
Flagbearer hopeful of the New Patriotic Party, Dr. Mahamudu Bawumia, has appealed to the rank and file of the party to rally behind him as he prepares to lead the party in the 2028 elections.
Addressing delegates in Sene East during his campaign tour, he highlighted key contributions to the party.
He revealed that at the behest of former president, Nana Addo Dankwa Akufo-Addo, he left his job at the Bank of Ghana to work for the NPP.
According to him, many asked him to rescind the decision. However, because of his loyalty to the party, he resigned from the bank to be their running mate.
He added that at the African Development Bank, he resigned in 2012 just to serve the party at the highest level.
“I defended the party in 2012. We lost, but I stayed in Ghana to put pressure on John Dramani Mahama and the NDC,” he added.
He is therefore urging the party to choose continuity and to back his leadership.
By: Jacob Aggrey
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