Mahama’s government says it needs 12 years to fix NPP’s abandoned projects

Finance Minister Dr. Cassiel Ato Forson has disclosed that the completion of 55 stalled projects left behind by the previous NPP administration will take at least 12 years due to financial constraints imposed by the IMF-supported program and debt restructuring with bilateral creditors.

Presenting the 2025 Budget Statement in Parliament on Tuesday, March 11, Dr. Forson explained that the NPP government left behind about $3 billion in undisbursed loans and nearly $300 million in unpaid bills, causing severe delays in critical infrastructure projects.

These stalled projects include the Effia Nkwanta Regional Hospital, Kejetia Market Phase 2, the Bolgatanga-Bawku-Pulimakom Road, and the Tema-Aflao Road, among others.

“The IMF-supported Programme imposes an annual disbursement ceiling of US$250 million for official bilateral loans. This constraint means that it will take a minimum of 12 years from the recommencement of disbursements to complete these 55 stalled projects. We will be engaging, in the coming days, to resolve this,” Dr. Forson stated.