President Mahama Touts $10bn Big Push Programme To Drive Infrastructure, Jobs

You are using an outdated browser. Please upgrade your browser to improve your experience.

President John Dramani Mahama has touted his administration’s $10 billion Big Push Infrastructure Programme, saying the initiative will accelerate infrastructure development, create hundreds of thousands of jobs and complete stalled legacy projects across the country.

Speaking at the 13th Financial Times (FT) Africa Summit in London, President Mahama said the programme would be implemented over five years, with $2 billion allocated annually.

“We are building infrastructure through the Big Push Programme. It is a $10 billion programme over five years, with $2 billion allocated each year,” he said.

He explained that the programme, which began with road infrastructure, would expand to cover schools, hospitals, irrigation schemes, and other projects to support national development.

President Mahama also announced plans for a new economy plan involving $10 billion in self-financed investment over four years. He said the funds would go to nine job-rich sectors, including tourism, energy, agriculture, agro-processing, pharmaceuticals, and textiles and garments.

He attributed the planned investments to fiscal adjustments his administration is undertaking, including reducing the primary balance target agreed with the International Monetary Fund (IMF) from 1.5 per cent to 0.5 per cent.

The President said the adjustment would create an additional fiscal space equivalent to one percentage point, which would be channelled into the targeted sectors to stimulate economic activity and employment.

Your email address will not be published. Required fields are marked *

Save my name, email, and website in this browser for the next time I comment.

Notify me of follow-up comments by email.

This site uses Akismet to reduce spam. Learn how your comment data is processed.

President Mahama Touts $10bn Big Push Programme To Drive Infrastructure, Jobs

Petroleum Revenue Rises 52%; Crude Oil Production Grows 11.7% – PIAC Report

CCAL Steps Up Atewa Forest Restoration With Tree-Planting Exercise At Potroase

Kwame Dzokoto Dies After Collapsing During Radio Discussion

GFA Insists Ghana Will Host 2027 U-20 AFCON Despite Concerns Over Preparations

Eastern Region Launches Breast Cancer Awareness Campaign, As 99 Cases Recorded

South Africa Evacuation: We Deserve Praise Despite Errors In 15 Of 1,964 Records – High Commissioner

Samuel Obeng Pledges To Strengthen NDC Communication, Empower Grassroots

Asuogyaman Assembly Challenges 2025 DPAT Scores, Seeks Review Over Alleged Omission Of Evidence

E/R: Zenator Rawlings Calls For Tougher Action Against Illegal Mining