Finance Minister Ken Ofori-Atta has conditionally approved a multi-year funding commitment of GH¢1,560,551,812.33 for the commencement of 14 road projects.
The approval will see the reconstruction, rehabilitation and upgrading of road networks spanning 381.3 kilometres across Ashanti, Brong Ahafo, Eastern and Northern regions from 2019 to 2013, to be funded through the medium-term budgetary allocation
A statement issued by the Public Relations unit of the Finance Ministry which indicated that the approval was given last Friday, June 28, explained however that the approval is “subject to section 33(1) of Ghana’s Public Financial Management (PFM) Act, (Act 921), which requires a yearly breakdown of each project as well as detailed information on all on-going road projects, as well as a complete assessment of all projects for efficiency and impacts.
According to the statement, the Finance Ministry expects the Ministry of Roads and Highways to provide the required information as stipulated by the PFM act, by July 15, 2019.
The affected projects are:
- Reconstruction of the Osiem-Begoro road – 24.80km
- Reconstruction of Kwabeng-Abomosu-Asuom road – 41.40km
- Upgrading of Anwiankwanta-Obuasi road – 30km
- Upgrading of Mampong Kofiase road – 14km
- Reconstruction of Kwabeng Akropong road & Akropong town roads – 23.3km
- Upgrading of Nsuta – Beposo road – 7km
- Upgrading of Salaga – Bimbilla road – 71km
- Upgrading of Kwadaso – Trabuom road – 30km
- Rehabilitation of Adankrono – Kade – New Abirem road (Lot 1) 21km
- Rehabilitation of Adankrono – Kade – New Abirem road (Lot 2) 22.4km
- Upgrading of Atronie – Mim road 17km
- Reconstruction of Asuom – Subi – Kade road – 22km
- Reconstruction of Akropong – Pramkese – Adankrono road – 27.2km
- Upgrading of Odumase – Adentia – Badu road – 30.2km.
The statement said apart from insisting on strict adherence to procurement processes as enshrined in the Public Procurement (Amendment) Act 2016 (Act 914), the Ministry of Finance has also requested the Ministry of Roads and Highways to submit all projects’ contracts for inclusion in the Medium-Term Expenditure Framework.
Source: graphic Online