URGENT
🇬🇭 GhanaBusiness

Ghana allocates 28 billion cedis to infrastructure in 2027

By , based on 3News

Ghana allocates 28 billion cedis to infrastructure in 2027Acephoto · CC BY-SA 4.0

Ghana is allocating 28 billion cedis to the Big Push programme in the 2027 budget, including 2 billion for the market access project and 400 million for the Volivo bridge. The budget, presented to Parliament by Finance Minister Cassiel Ato Forson, also provides 11.3 billion for roads and 724 million for transport, according to 3News.

The Ghanaian government has allocated 28 billion cedis to the Big Push programme in the 2027 budget to finance infrastructure and improve connectivity across the country. Finance Minister Cassiel Ato Forson presented the allocation to Parliament on Thursday 12 November, according to 3News.

Of this allocation, 2 billion cedis will go to the Ghana Market Access and Connectivity project, while 400 million cedis is earmarked to begin construction of the Volivo bridge. The Ministry of Transport will also receive 724 million cedis, including 400 million for the purchase of additional high-capacity buses, 174 million for continued railway development and 69 million for preparatory work to establish a national airline, according to Cassiel Ato Forson.

The budget also provides 11.3 billion cedis for the Ministry of Roads and Highways, including 7.8 billion for capital expenditure and 3.5 billion for the Road Maintenance Trust Fund. This road allocation was detailed on 12 November in a previous announcement by the Ghanaian government.

Share this article

Related stories

Ghana allocates 11.3 billion cedis to roads

The Ghanaian government plans 11.3 billion cedis for the Ministry of Roads and Highways in the 2027 budget, including 7.8 billion for capital expenditure and 3.5 billion for road maintenance. The funds are intended to improve links between communities, production areas and markets, according to Finance Minister Cassiel Ato Forson.

🇬🇭 Ghana · Source: Starr FM ·

Ghana allocates 40.3 billion cedis to health in 2027

Ghana’s 2027 budget allocates 40.3 billion cedis to health, including 6.8 billion to launch construction of a mother and child centre at Korle-Bu, six 160-bed regional hospitals and two district hospitals. Finance Minister Cassiel Ato Forson presented the bill on Thursday 12 November, also providing 10.2 billion for health insurance and 2.6 billion for the MahamaCares fund, according to 3News.

🇬🇭 Ghana · Source: 3News ·

Ghana plans 389.2 billion cedis in spending in 2027

Ghana’s budget provides for 389.2 billion cedis in spending in 2027, including 30 billion for the first year of the New Economy programme. The government also plans to repay 29 billion cedis of restructured bonds three months ahead of maturity, according to Finance Minister Cassiel Ato Forson.

🇬🇭 Ghana · Source: 3News ·

Ghana allocates 782 million cedis to sports in 2027

The Ghanaian government has budgeted 782 million cedis for the Ministry of Sports and Recreation in the 2027 budget, Finance Minister Cassiel Ato Forson told Parliament. The allocation is to fund 10 multi-purpose stadiums with capacities of 5,000 to 12,000 in underserved regions, according to 3News.

🇬🇭 Ghana · Source: 3News ·

🇬🇭 Latest from Ghana

Ghana seeks to close fish deficit through aquacultureGhana seeks to close fish deficit through aquacultureGhana wants to develop aquaculture to close an annual fish deficit of 500,000 tonnes, Finance Minister Cassiel Ato Forson announced. The 2027 budget notably provides support for producers, financing, health infrastructure and a strengthened cold chain, according to Starr FM.All Ghana news →

Business in West Africa

Nigeria’s gas debts threaten electricity supplyNigeria’s gas debts threaten electricity supplyGas sector debts, estimated at 639 billion naira, threaten power generation in Nigeria, according to industry stakeholders. They also point to a lack of gas investment and grid weaknesses as supply disruptions continue across the country, Punch reports.All Business news →

The week in Africa

This week’s highlights

  1. SADC prepares regional plan against Ebola🇨🇩 DR Congo
  2. Ukraine: Witkoff and Kushner meet Putin in Moscow🇷🇺 Russia
  3. Trump threatens Iran with destruction after attack🇺🇸 United States
  4. Woman appointed vice-chancellor of University of Jos🇳🇬 Nigeria
  5. São Tomé: Américo Ramos appointed prime minister🇸🇹 São Tomé and Príncipe
All of this week’s highlights →

Africa in your inbox

Be the first to get our letter in English: the essentials from every region of the continent, free.

Free · one email a week · unsubscribe in one click. Your address is only used to send you the letter, never sold. Personal data

← Back to the news