Speaking at the official 175.6km right-of-way handover ceremony in Kwaso, near Ejisu, Minister for Finance Dr. Cassiel Ato Forson formally reaffirmed the government’s commitment to fully fund the flagship 198.7-kilometer Accra–Kumasi Expressway without adding a single pesewa to Ghana’s public debt stock.

The Minister assured the nation that all required capital will be fully mobilized and ready by December 2026 through internal domestic revenue streams and dedicated infrastructure allocations, marking a major shift toward self-financed mega-infrastructure projects in Ghana.

Key Highlights of the Finance Minister's Address

Zero-Debt Commitment:
"As your Minister for Finance, I want to use this opportunity to assure the nation that the entire amount needed for the construction of this expressway will be ready by December 2026. For the avoidance of doubt, we will not borrow a pesewa for this construction."
— Dr. Cassiel Ato Forson (Minister for Finance)

Pre-Secured Bank of Ghana Account:

$1.7 Billion Deposit: During the 2026 Mid-Year Fiscal Policy Review, the government confirmed that $1.7 billion had already been secured and deposited into a dedicated project account at the Bank of Ghana.

Historic Pre-Funding Precedent: Dr. Forson noted that this model represents the first time in Ghana’s modern history that full project funds for a mega-scale highway are being pre-secured prior to physical construction groundbreaks.


Praise for Military Efficiency:

The Minister commended the Ghana Armed Forces 48 Engineer Regiment for clearing the 175.6km corridor 19 weeks ahead of schedule, noting that military-led site preparation saved significant state funds compared to traditional private clearing contracts.