SONA 2023: Gov’t remains committed to infrastructure development- Akufo-Addo
President Nana Addo Dankwa Akufo-Addo has reaffirmed the government’s commitment to distributing development equitably across the country.
Delivering the State of the Nation Address (SONA) in Parliament on Wednesday, March 8, he said: “Mr Speaker, the government remains committed to infrastructure development. Working with the private sector, we continue to explore the use of public-private sector arrangements as a financing alternative to the delivery of critical public infrastructure, such as the Accra- Tema Motorway Extensions, Accra-Takoradi Motorway, and Sogakope-Lome Transboundary Water Supply Projects.
“In addition, Mr Speaker, the seven hundred and fifty million dollars($750 million) AFRExim Bank Facility, which has been secured, will make it possible for us to construct many other roads and interchanges, including the long-awaited four-tier Suame Interchange,” he added.
Meanwhile, President Akufo Addo reiterated that Ghana’s economy was doing well before the outbreak of the Covid-19 pandemic and the Russia-Ukraine war.
He said this is a fact that the Managing Director of the International Monetary Fund (IMF) has recognised.
“I have said, and many others, including the Managing Director of the IMF, have said, that our economy was doing well until COVID-19 and the war in Ukraine took us off course.
“Maybe, because of the severity of the present difficulties, or maybe because it suits their preconceived agenda, some people are unwilling to accept that we were on a good trajectory until the arrival of COVID-19. The Ghanaian people, however, accepted this proposition, as evidenced in the results of the 2020 presidential election, which were unanimously endorsed and upheld by the seven-member panel of the Supreme Court,” President Akufo-Addo stated.