Arab Bank for Economic Development in Africa President Visits Finance Minister

Finance Minister, Dr. Cassiel Ato Forson, has reaffirmed government's commitment to investing in transformative projects that will secure Ghana's future, despite the country's tight fiscal space.

Speaking during a visit by the President of the Arab Bank for Economic Development in Africa (BADEA), H.E. Mr. Abdullah KH ALMUSAIBEEH, Dr. Forson praised BADEA's longstanding support to Ghana, particularly in the social sector, describing their contributions as a blessing.

The Minister also revealed that government has begun feasibility studies for a new Accra-Kumasi motorway, which he described as a top national priority. He explained that the motorway is expected to be completed within two and a half years.

Dr. Forson further emphasized that Ghana's debt sustainability has improved significantly, noting that borrowing going forward would be strictly targeted at projects with lasting economic and social impact. "I will not borrow for consumption but for transformative projects like this," he stressed.

BADEA President H.E. Mr. ALMUSAIBEEH welcomed the Minister's proposals and expressed the Bank's willingness to support impactful projects.