Parliament has approved a request by the government to allocate all oil revenues and mineral royalties to the implementation of the government’s ‘Big Push’ Program
The program estimated at GH¢13.8 billion is expected to be completed by the 2028 through domestic financing aimed at improving road infrastructure across the country.
The approval follows a request by the government for multi-year commitments to support the construction of selected road projects under the initiative.
Excerpts of a joint committee on budget and finance read, “The committee has carefully considered the referral, and it is of the opinion that the request is in the right direction.”
The committee also noted that parliament had already approved the policy and the allocation to the Big Push program in the 2025 budget statement.
It added that the approval would enable government to enter into multi-year contracts to execute the road infrastructure projects under the programme.
“The Committee accordingly recommends to the House to approve the Request for the multi-year commitments for the selected road projects under the “Big Push” Programme contained in the Mid-Year Fiscal Policy Review of the 2025 Budget Statement and Economic Policy of the Government of Ghana, in accordance with Section 33 of the Public Financial Management Act, 2016, (Act 921).”
SP/MA
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