Government Deposits $1.7 Billion at Bank of Ghana for Accra-Kumasi Expressway Project | Discuss Ghana

Minister for Finance, Dr. Cassiel Ato Forson, has announced that the government has deposited $1.7 billion into a dedicated, ring-fenced account at the Bank of Ghana to finance the construction of the Accra-Kumasi Expressway under the Big Push Infrastructure Programme.

Presenting the 2026 Mid-Year Fiscal Policy Review in Parliament, Dr. Forson confirmed that the funds were secured and deposited as of July 22, 2026, ensuring that capital is available ahead of the main contract award. He explained that the 176-kilometer, six-lane dual carriageway will serve as Ghana's primary economic spine, reducing travel time between the capital and Kumasi to approximately two hours. The Finance Minister noted that feasibility studies and detailed engineering designs will be concluded by the end of August, with procurement scheduled to begin in September prior to the official sod-cutting by President John Dramani Mahama.

Ring-fencing project capital and securing early procurement milestones remain vital strategies for accelerating major transport infrastructure initiatives across the country.