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FINANCE MINISTRY APPROVES GHC1.6 BILLION BUDGET FOR MAJOR ROAD-BUILDING WORKS

General News

The government, through the Ministry of Finance, has approved a multi-year funding commitment of GHC1.6 billion for commencement of 14 major road projects over the medium term.

The government, through the Ministry of Finance, has approved a multi-year funding commitment of GHC1.6 billion for commencement of 14 major road projects over the medium term.

 

The projects will see the reconstruction, rehabilitation and upgrading of road networks spanning 381.3 kilometres across the Ashanti, Bono, Eastern and Northern Regions of Ghana.

A letter to the Ministry of Roads and Highways signed by the Minister of Finance, Ken Ofori-Atta, says, “In line with Section 33 (1) of Ghana’s Public Financial Management (PFM) Act (Act 921), conditional approval is hereby granted to commit a total sum of GHC1,560,551,812.33, for the commencement of 14 road projects over the medium term.”

Directive

The letter directs the Ministry of Roads and Highways to provide a yearly breakdown of the budgetary requirements for each project, starting in 2019.

It also asks for detailed information on all ongoing road projects, including contract sum, source of funding and value of works certified, paid and outstanding as at May 31 2019 to the Ministry of Finance, by July 15 2019.

Roads

Some of the projects involve reconstruction of the 24.8-kilometre Osiem-Begoro and Kwabeng-Abomosu-Asuom road (41.4 kilometres), upgrading of the Anwiankwanta-Obuasi (30 kilometres) and Mampong Kofiase roads (14 kilometres).

Others are reconstruction of the Kwabeng Akropong and Akropong Town roads (23.3 kilometres), upgrading of the Nsuta-Beposo road (7 kilometres), upgrading of the Kwadaso-Trabuom road (30 kilometres) and rehabilitation of the Adankrono-Kade-New Abirem road (lot one: 21 kilometres and lot two: 22.4 kilometres).

There is also the upgrading of the Atronie-Mim road (17 kilometres), reconstruction of the Asuom-Subi-Kade (22 kilometres) and Akropong-Pramkese-Adankrono roads (27.2 kilometres), as well as upgrading of the road between Odumase, Adenta and Badu (30.2 kilometres).

“The multi-year commitment for the Ministry of Roads and Highways [will] be funded through the medium-term budgetary allocation 2019 and 2023,” the letter from the Minister for Finance said.

Stick to the law

The Ministry of Finance also requested the Ministry of Roads and Highways to submit all project contracts for inclusion in the medium-term expenditure framework.

It urged the Ministry of Roads to adhere strictly to all procurement processes as enshrined in the Public Procurement (Amendment) Act 2016 (Act 914).