Audio By Carbonatix
President John Dramani Mahama has announced that the government will self-finance a major water supply project for Tamale after an earlier external funding arrangement fell through.
Addressing residents in Tamale during his two-day Resetting Ghana Tour of the Northern Region on Saturday, April 18, the President explained that a €277 million facility intended for water systems in Tamale and Damongo could not materialise due to the country’s debt situation.
He noted that Ghana’s debt default affected its ability to access new financing, leading to the withdrawal of the expected funding. As a result, government has decided to mobilise the required resources locally to execute the project and tackle persistent water shortages in the area.
“When we came, we met. Parliament had approved a €277 million facility for the Tamale water and the Damango water. Unfortunately, because the past governments defaulted on the debt payments, we declared that we couldn’t pay our debts.
“If you don’t come pay your debt, do they give you a new loan? So the EU drew back the loan, and they said they are waiting for the debt restructuring to happen and all that. We don’t see any sign on the wall that it will come soon."
"So I’ve directed the Minister of Finance [Dr Ato Forson] that we will find our own €277 million in cedis, and we will do the water system ourselves. I want to assure the people of Tamale. I’m a citizen of Tamale. If I don’t do this water, nobody will come and do it,” he said.
The President added that the planned system will substantially increase daily water output in Tamale, while interim interventions are being rolled out to ease the current supply challenges as preparations for the full project continue.
Latest Stories
-
Mahama deserves time on Kejetia Phase Two, Kumasi queen mothers tell traders
36 minutes -
GRA admits trader outreach on Publican AI may not have reached grassroots
43 minutes -
British widow dies in Ghana road crash after ÂŁ1m romance scam losses
51 minutes -
The Presidency backs NLA-KGL Contract – NLA Boss
1 hour -
NHIA board pays courtesy call on Asantehene, launches free NHIS registration drive for “King’s Month”
1 hour -
Invoice fraud pushed rollout of Publican AI system – GRA official
1 hour -
Who’s afraid of Interstitial Spaces? – A provocation
1 hour -
Honouring Dominic Frimpong: Premier League Match Day 30 fixtures postponed
1 hour -
Parliament’s Energy Committee commends NPA’s openness
1 hour -
NEDCo seizes more than 300 meters over illegal connections
1 hour -
Protecting Ghana’s cocoa reputation in the age of misinformation
2 hours -
Ghana reaffirms commitment to regional gas cooperation at WAGP ministerial meeting in Abuja
2 hours -
Tamale High Court to rule today in NDA corruption trial involving former officials
2 hours -
Teshie Nungua to face planned power interruptions as ECG upgrades transformers from April 28–30
2 hours -
NDC defends arrests, rejects claims of free speech crackdown
2 hours