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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
Government has inaugurated a Technical Committee to drive the implementation of the Accra Marine Drive Tourism Investment Project, a key initiative aimed at transforming the capital’s waterfront into a world-class tourism and commercial hub.
Minister for Tourism, Culture and Creative Arts, Abla Dzifa Gomashie, described the move as a critical step to accelerate progress, stressing the need for efficiency, collaboration, and accountability.
The Committee, chaired by Deputy Minister Yussif Issaka Jajah, will coordinate stakeholders, address bottlenecks, and ensure timely delivery of the project.
The initiative is expected to boost tourism, create jobs, and stimulate economic growth, reinforcing Ghana’s commitment to sustainable development.
The Ghana National Fire Service (GNFS) has stepped up its fire safety education efforts in Suhum Municipality and Abetifi Odwenease as part of ongoing campaigns to prevent fire outbreaks and improve emergency readiness.
In Suhum, fire officers engaged traders and customers, educating them on handling LPG leakages, proper use of fire extinguishers, and general shop safety practices. Meanwhile, the Kwahu East Command extended outreach in Abetifi Odwenease, visiting homes, drinking spots, construction sites, and stores to promote safe handling of flammable materials, proper electrical usage, and correct gas cylinder placement.
Practical demonstrations on fire extinguisher use were conducted, and residents were encouraged to adopt good housekeeping habits and proactive safety measures to reduce fire risks and protect lives and property.
