ACCRA, Nov. 16 — The Ghanaian government will invest about 2.5 billion U.S. dollars on infrastructure development across the country in 2019, Minister for Finance, Ken Ofori-Atta, said here Thursday.
“In 2019, we will invest massively in the development of road and infrastructure, from a variety funding sources and to ensure efficient management of infrastructure,” the minister said when he presented the 2019 budget and economic policy of the government to parliament.
The minister said the government would boost movement of goods, food items and people, creating jobs and prosperity to position Ghana as the transportation, energy and logistics hub in the region.
The government, he assured, would also complete infrastructural projects started by the previous administration which were at various stages of completion.
The minister also said the government would partner with the private sector to undertake various projects across the country.
The West African country is expected to spend a total expenditure of 73.4 billion Ghana Cedis (15 billion dollars) in 2019, equivalent to 21.3 percent of GDP, and representing a growth of 27 percent above the projected outturn for 2018.
Xinhua
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