Ghana allocates 685 million cedis to Kejetia Market
By the AFREEQUE newsroom, based on 3News
Ghana’s government plans 685 million cedis to complete the second phase of Kejetia Market in Kumasi in the 2027 budget. The funding is part of 17.6 billion cedis for local government, traditional authorities and religious affairs, according to Minister Cassiel Ato Forson.
Ghana’s government has allocated 685 million cedis to complete the second phase of Kejetia Market in Kumasi, in the 2027 budget presented to Parliament on Thursday. Finance Minister Cassiel Ato Forson announced the allocation during the budget presentation, according to 3News.
The Kejetia funding is part of a 17.6 billion cedi allocation for local authorities, chieftaincy affairs and religious affairs. It includes 10.8 billion cedis for the District Assemblies Common Fund, 685 million for the construction of the Greater Accra regional market at New Agbogbloshie, 500 million for rural housing and 200 million for the completion of the Takoradi market.
Work on Kejetia’s second phase had been suspended for about two years because of financial difficulties and was just over 58% complete. Local Government, Chieftaincy and Religious Affairs Minister Mahama Ayariga had said arrangements had been approved to allow contractors to resume work, 3News reports.
The announcement comes as part of the 2027 budget presented by Cassiel Ato Forson, following his July announcement of the “New Economy” economic framework for the same budget focused on growth in 2027.
