By Ernest Nutsugah, GNA
Accra, Nov. 13, GNA – Government has allocated GHS29.8 billion to the Big Push programme and GHS30 billion to the New Economy programme in 2027 to accelerate infrastructure development, expand productive capacity and create jobs.
The allocations form part of the Government’s strategy to increase productive investment, improve transport connectivity and support economic transformation.
Dr Cassiel Ato Forson, the Minister of Finance, announced the allocations when he presented the 2027 Budget Statement to Parliament.
He said poor road infrastructure before the Government assumed office had imposed significant costs on households, businesses and transport operators.
“Workers lost precious hours travelling; farmers struggled to get produce to markets; transport operators faced frequent breakdowns, while passengers paid higher fares,” he said.
Dr Forson said poor roads reduced farmers’ earnings, traders’ profits and workers’ wages.
Through the Big Push programme, he said, the Government was addressing infrastructure deficits by constructing roads and connecting key transport corridors, particularly in communities that had experienced prolonged neglect.
The GHS30 billion allocation to the New Economy programme is intended to expand productive capacity and support job creation and improved incomes.
Government has also allocated GHS165 million to the 24-Hour Economy Secretariat to support the implementation of the private sector-led 24-Hour Economy Programme.
The allocations place infrastructure development, industrial expansion and private sector participation at the centre of the Government’s planned economic transformation.
GNA
Edited by Kenneth Sackey
Reporter: Ernest Nutsugah
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