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Gov’t unveils Gh¢302.5bn 2026 funds, prioritising large push infrastructure and effort reforms – Life Pulse Daily

Gov’t unveils Gh¢302.5bn 2026 funds, prioritising large push infrastructure and effort reforms – Life Pulse Daily

✨ Breaking News: Gov’t unveils Gh¢302.5bn 2026 funds, prioritising large push infrastructure and effort reforms – Life Pulse Daily

📰 Read the main points:

Ghana’s 2026 Budget has positioned renewed emphasis on founder expenditure, with strategic allocations geared toward revitalising infrastructure and boosting the power tech to fortify industrialisation and the federal government’s 24-hour financial environment initiative.

According to the funds file, overall expenditure for 2026 is projected at GH¢302.5 billion, representing 18.9% of GDP, with a good portion devoted to founder initiatives underneath the Big Push Infrastructure Programme and effort tech reforms.

The govt has earmarked GH¢30 billion for the Big Push Programme, which is able to fund strategic street and bridge development around the nation.

Key initiatives come with the Accra–Kumasi Expressway, designed to cut back go back and forth time by way of 50% and create over 30,000 jobs, and the Adawso–Ekye Amanfrom Bridge, anticipated to release the rural attainable of the Afram Plains.

“The Big Push is not just an infrastructure drive, it is a nation-building vision,” the Finance Minister famous. “We are connecting people, markets, and opportunities to ensure growth is shared across every region.”

In the power tech, the federal government is prioritising reasonably priced and dependable persistent provide thru gas-to-power reforms, renewable income, and rural electrification.

An allocation of GH¢15.2 billion has been made for power tech shortfall bills, along GH¢4.8 billion for clearing legacy Independent Power Producer (IPP) money owed.

Additionally, GH¢2 billion has been put aside for the Rural Electricity Acceleration and Urban Intensification Initiative, which targets to amplify national get entry to to electrical energy.

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Energy tasks additionally come with new fuel provide agreements with ENI and Jubilee companions, projected so as to add over 150 million same old cubic ft of fuel in keeping with day, whilst transitioning from gentle crude oil to herbal fuel to chop persistent era prices by way of as much as 75%.

Overall, the 2026 Budget displays a planned shift towards productive and growth-enhancing investments, positioning infrastructure and effort because the spine of Ghana’s financial transformation schedule.

“Every cedi borrowed will deliver value, every repayment will build confidence, and every reform will secure Ghana’s fiscal future,” the Finance Minister affirmed, reinforcing the federal government’s dedication to fiscal prudence and sustainable returns.

DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by way of Readers and Contributors in this platform don’t essentially constitute the perspectives or coverage of Multimedia Group Limited.

DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by way of Readers and Contributors in this platform don’t essentially constitute the perspectives or coverage of Multimedia Group Limited.

📅 Published on 2025-11-13 19:10:00 #Update #Govt #unveils #Gh302.5bn #funds #prioritising #large #push #infrastructure #power #reforms #Life Pulse Daily
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