Mona Quartey, a former deputy Finance Minister under the erstwhile Mahama Government has disclosed that the opposition National Democratic Congress (NDC), if voted into power, will fund its $10 billion 'Big Push' through equity injections.
This comes after former President John Mahama announced a $10 billion accelerated infrastructural plan, dubbed the 'Big Push' at the NDC 2020 manifesto launch.
“We are looking at what I call the 'Big Push', injecting some $10 billion to dualise our roads, complete the remainder of the 200 Community Day Senior High Schools, finish all the hospital projects that have been left abandoned, and construct bridges to open up the country”, Mr Mahama said.
However, in his speech, he did not disclose how the 'Big Push' project would be funded.
Speaking on Prime Morning Monday, Mona Quartey revealed that the projects will be funded through equity injections.
She explained that the next Mahama administration will generate funds for the project through the public-private sector and these generated funds will be used in the construction of roads, schools and hospitals.
"We will continue to push the public-private partnership which we have already started and we've had some success with.
"10 billion 'Big Push' is something that we've funded before. It is not new for us. We will do that through a lot of equity injection; we will continue to push the public-private partnership".
"We will have private sector monies coming in, we will have the government itself being able to borrow as well in addition to what is there, but in a smart way in order that those projects are projects that pay for themselves and, therefore, they are almost self-financing projects," she added.
Latest Stories
-
Paris 2024: Opening ceremony showcases grandiose celebration of French culture and diversity
3 hours -
How decline of Indian vultures led to 500,000 human deaths
4 hours -
Paris 2024: Ghana rocks ‘fabulous fugu’ at olympics opening ceremony
4 hours -
Trust Hospital faces financial strain with rising debt levels – Auditor-General’s report
5 hours -
Electrochem lease: Allocate portions of land to Songor people – Resident demand
5 hours -
82 widows receive financial aid from Chayil Foundation
5 hours -
The silent struggles: Female journalists grapple with Ghana’s high cost of living
5 hours -
BoG yet to make any payment to Service Ghana Auto Group
5 hours -
‘Crushed Young’: The Multimedia Group, JL Properties surprise accident victim’s family with fully-furnished apartment
6 hours -
Asante Kotoko needs structure that would outlive any administration – Opoku Nti
6 hours -
JoyNews exposé on Customs officials demanding bribes airs on July 29
7 hours -
JoyNews Impact Maker Awardee ships first consignment of honey from Kwahu Afram Plains
8 hours -
Joint committee under fire over report on salt mining lease granted Electrochem
8 hours -
Life Lounge with Edem Knight-Tay: Don’t be beaten the third time
8 hours -
Pro-NPP group launched to help ‘Break the 8’
8 hours