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
-
Moody’s maintains Ghana’s rating at Caa1, revises outlook to positive
3 minutes -
Zambia elevates tourism education to national priority as President Hichilema backs continental summit
53 minutes -
Activa promotes credit insurance to boost SME export growth
53 minutes -
ILTM Africa 2026 opens doors to inbound and outbound luxury travel in Cape Town
58 minutes -
“BP Soul Travel and Tours scored the highest marks” – Sports Minister Kofi Adams endorses agency for World Cup travel
1 hour -
‘At the age of 12, I was teaching people and collecting money from them’ – Forty Under 40 Awards
2 hours -
I broke my virginity at the age of 26 after university – Richard Abbey Jnr.
3 hours -
Sacked for fees, saved by faith: The untold story of Forty Under 40 Awards founder Richard Abbey Jnr
4 hours -
GCB Bank surges GH¢0.45, ETI gains GH¢0.06 as GSE ends week higher
4 hours -
Two teens jailed 55 years for robbery
5 hours -
UDS demands apology for MPhil student wrongly branded as Tamale robber
5 hours -
“We don’t sell fish!” – Tema Shipyard CEO hits back over dead fish discovery
6 hours -
Sam George defends anti-LGBTQ+ Bill as ‘national priority’ amid debate over gov’t focus
7 hours -
Artemis II astronauts safely back on Earth after trip around moon
7 hours -
Sam George unveils massive 1,150-cell site rollout to end network woes
7 hours