
Ghana’s total exports surges to $13.8 billion as of June 2025
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31st July 2025 8:51:26 AM
3 mins readBy: Phoebe Martekie Doku
Parliament on July 30 unanimously endorsed the government’s proposal to divert all royalties that will be received from oil revenues and mineral royalties to support the implementation of the Big Push Programme.
This comes after the government requested Parliament approve committing funds to assist in the construction of certain road projects. Mr Isaac Adongo, the Chairman of the Parliament's Finance Committee, while presenting the report by the Budget and Finance joint committee to the plenary, said, “the Committee has carefully considered the Referral, and it is of the opinion that the request is in the right direction.”
The Committee also noted that Parliament had already approved the policy and the allocation to the “Big Push” Programme in the 2025 Budget Statement. Granting the request would enable the Government to enter into multi-year contracts to execute the road infrastructure projects under the Programme.
“The Committee accordingly recommends to the House to approve the Request for the multi-year commitments for the selected road projects under the “Big Push” Programme contained in the Mid-Year Fiscal Policy Review of the 2025 Budget Statement and Economic Policy of the Government of Ghana, in accordance with Section 33 of the Public Financial Management Act, 2016, (Act 921),” Mr Adongo said.
The initiative aimed at improving road infrastructure across the country is estimated at GHC13.8 billion, and it is expected to be completed by 2028 with support from the country’s own financial resources. According to the 2025 budget, GH¢5.75 billion is owed by the Road Fund, with an allocation of GH¢2.81 billion programmed for road maintenance.
This represents a 155.5% increase from the 2024 allocation of GH¢1.1 billion, underscoring the government’s emphasis on sustaining Ghana’s road network. The Minister for Roads and Highways, Kwame Governs Agbodza, on Wednesday, July 30, revealed that his ministry has undertaken studies and prepared comprehensive engineering interventions and cost estimates for road projects under the Big Push Programme.
The Ministry of Finance has since issued commitment authorizations for some twenty-nine (29) road infrastructure projects under the Big Push Programme which include: Upgrading of Akosombo-Gyakiti-Kudikope Road, Road Dualization of Winneba-Mankessim Road, Rehabilitation of Mankessim-Ajumako-Breman Asikuma-Agona Swedru, Construction of nchi-Elubo Road, and Rehabilitation of Atimpoku-Asikuma Junction Road.
The government has also selected a number of abandoned road projects, for which no dedicated funding was allocated by the previous administration. They include rehabilitation and upgrading of Kasoa-Winneba Road, construction of Suame Interchange and Local Roads, reconstruction of Navrongo-Chuchuliga-Sandema Road, and upgrading of Tumu-Chuchuliga-Navrongo, including construction of a 36m span reinforced concrete bridge over the Kanyibie River and a 24m span reinforced concrete bridge over the Bechelihu river.
The government will, by the end of July, settle GHC4 billion out of the large debt owed to road contractors. Currently, the government owes road contractors GHC21 billion, according to the Roads Minister. President John Mahama emphasized his government's commitment to infrastructure development under his administration’s 24-hour economy agenda. On his part, prioritising road construction and the swift resumption of stalled road projects holds the key to promoting economic growth and productivity by ensuring adequate regional connectivity.
The announcement has been met with excitement and optimism by many stakeholders in the construction sector. The Ghana Institute of Engineers and the Association of Road Contractors have largely welcomed the president's announcement, but they have called for transparency. They have called on the government to publish clear timelines and payment schedules to ensure that contractors can plan and mobilize resources effectively.
In March this year, Deputy Minister for Roads and Highways Alhassan Suhuyini acknowledged the significant financial burden facing the government to clear outstanding debts owed to contractors and suppliers. His remarks followed the presentation of the 2025 budget by Finance Minister Dr. Cassiel Ato Forson, who disclosed that the government’s total commitments to contractors stand at a staggering GH¢67.5 billion.
He emphasized the importance of prioritizing road maintenance, a sector that has suffered due to poor upkeep. "The minister has stressed that a significant portion of these funds will be directed toward road maintenance. This is a smart move because our poor maintenance culture has resulted in roads deteriorating within 8 to 10 years instead of lasting longer," he explained.
Mr Suhuyini noted that, in addition to paying off some existing road maintenance debts, the government is looking at a broader infrastructure push. "With GH¢10 to GH¢13 billion allocated under the ‘Big Push’ initiative, several new road projects will commence, while some outstanding debts will also be retired," he added.
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