Audio By Carbonatix
Finance Minister Dr Cassiel Ato Forson has assured that the government will not borrow to finance the construction of the Accra-Kumasi Expressway, saying the full amount required for the project will be available by December 2026.
He said government had put measures in place to mobilise the needed resources domestically to ensure the 198.7-kilometre project proceeds without financial constraints once construction begins.
The Minister made the assurance on Monday, September 14, at the handover ceremony of the 175.6-kilometre right-of-way cleared by the Ghana Armed Forces.
“This handover clears the way for an expressway that will cut travel time and transport cost, improve road safety and set a new standard for our infrastructure delivery,” Dr Ato Forson said.
He added: “As your Minister for Finance, I want to use this opportunity to assure the nation that the entire amount needed for the construction of this expressway will be ready by December 2026. For the avoidance of doubt, we will not borrow a Pesewa for this construction.”
The project is expected to improve connectivity between Accra and Kumasi, while reducing travel time and transport costs and easing pressure on the existing road network.
Government also expects the new expressway to enhance road safety by providing modern infrastructure capable of accommodating growing traffic along the corridor.
Latest Stories
-
GTA sensitises taxi drivers in ‘Know Ghana’ tourism campaign
15 minutes -
Archbishop Agyinasare calls for responsible speech amid growing social media abuse
19 minutes -
‘It will be inexcusable for gov’t not to honour payment of teachers’ arrears by 30th October’ – Haruna Iddrisu
28 minutes -
Forbes’ World’s Best Employers 2026: No Ghanaian firm ranked among 900 companies
30 minutes -
Electronic processing of teachers’ data: ‘The decision is the Controller’s’ – GES boss
34 minutes -
Teachers’ Strike: Haruna Iddrisu questions paper-based processing of promoted teachers’ data
47 minutes -
Savannah Region: Kunfusi bridge collapses again, leaving nearly 4,000 residents cut off
52 minutes -
Teachers’ strike: GES targets Monday deadline to submit promotion data to Controller
55 minutes -
Inflation to average 11.3% in 2027 – Fitch Solutions
1 hour -
I didn’t campaign for NDC to come and do this nonsense – Kpebu on EOCO
1 hour -
Fitch Solutions maintains policy rate forecast of 14% by December 2026
2 hours -
Diaspora Nasara Caucus congratulates Mohammed Ali Suraj, new NPP executives
3 hours -
Dr Antwi-Boasiako’s cybersecurity book showcased at UN crime prevention congress
3 hours -
We will empower the grassroots and protect every vote – NPP’s 1st Vice Chair Kojo Bamba
3 hours -
I do not see myself as better than anyone – NPP’s 1st Vice Chair Kojo Bamba
4 hours