Parliament has approved a request for the multi-year commitments for selected road projects under the GH¢13.8 billion “big push” phase 1 programme contained in the mid-year budget review.
The Big Push is to be financed domestically from 2025-2028.
Government has resolved and dedicated all oil revenues & mineral royalties to the programme; therefore, the GH¢13.8bn allocation has been captured in the 2025 budget.
The joint Committee on Budget and Finance was informed by a technical team that feasibility studies and costing had been done.
The multi-year big push programme prioritizes a single project each year starting with roads in 2025 and then continuing with another project item, say hospitals in the next budget cycle in 2026.
In all, government is seeking to spend about GH¢70bn on big push by 2028.
Ghanamps.com