
Audio By Carbonatix
President John Dramani Mahama has assured Ghanaians that his administration is making steady progress in addressing outstanding debts in the road construction and maintenance sector.
Speaking during the 2026 State of the Nation Address, he said sustained efforts are underway to reduce financial liabilities owed to contractors and service providers.
“We are steadily clearing road sector debt,” President Mahama emphasised, noting that prioritising payments to contractors forms part of broader measures to strengthen infrastructure delivery.
Restoring Confidence in the Sector
The President explained that clearing these obligations is essential to restoring confidence in the construction industry and ensuring the timely completion of ongoing road projects nationwide.
He indicated that his government inherited significant financial arrears in the road sector, which had slowed project execution and weakened public trust.
Through disciplined budgeting and prudent resource allocation, he said, the administration is systematically settling outstanding obligations to contractors, suppliers, and other stakeholders.
Signs of Progress
According to President Mahama, efforts to address the debts are already yielding positive results, with construction activity gathering momentum and new projects being launched without undue delays.
He urged continued patience and cooperation as the government works to fully normalise payments while maintaining fiscal responsibility.
The President reiterated his administration’s commitment to modernising Ghana’s road network, improving transport efficiency, and ensuring that public infrastructure projects deliver tangible benefits, support economic growth, and create jobs across the country.
Latest Stories
-
Banks should mobilise $10bn for medium and large-scale farming – Kojo Akoto Boateng
14 seconds -
Trump administration accuses banned media outlets of ‘falsehoods’ ahead of court hearing
21 minutes -
US and Iran hold first talks since June after Trump’s ‘annihilation’ threat at UN
23 minutes -
More than 170,000 respiratory cases recorded in haze-choked Indonesia
28 minutes -
UK to review Chagos Islands deal over lack of US support, Streeting tells BBC
32 minutes -
BoG weighs on rising inflation risks as inflation climbs to 5%
35 minutes -
AFCON 2027Q: Kurt Okraku backs ‘good enough’ Black Stars to fight for Ghana
44 minutes -
Debt financing, expenditure are key risks to liquidity, exchange rate – BoG
46 minutes -
BoG warns of pressure on reserves as GoldBod pauses exports
53 minutes -
No player will intentionally decline national team call-up – Kurt Okraku
1 hour -
AFCON 2027Q: ‘No player deliberately turned down Ghana’ – Kurt defends injury withdrawals
1 hour -
The Luckiest launches 4th edition of annual promotion with nationwide activations
2 hours -
Ecobank calls for wider access and stronger collaboration on agricultural finance
2 hours -
Agribusinesses need more than loans to reach their full potential – Ecobank
2 hours -
Green finance must deliver measurable benefits to Ghanaian farmers – Ecobank
2 hours