• Latest
  • Trending
  • All
  • News
  • Business
  • Politics
  • World
IMF bailout, DDEP to blame for stalled interchanges – Ministry of Roads

IMF bailout, DDEP to blame for stalled interchanges – Ministry of Roads

6 September 2023
Ghana Clears Oil Sector Disputes, Unlocks US$3.5bn in Investment Commitments

Ghana Clears Oil Sector Disputes, Unlocks US$3.5bn in Investment Commitments

21 August 2026
Court Reverses Takeover of Cheddar’s No. 1 Oxford Street Hotel

Court Reverses Takeover of Cheddar’s No. 1 Oxford Street Hotel

21 August 2026
CLOGSAG Executive Secretary Isaac Bampoe Addo Passes Away

CLOGSAG Executive Secretary Isaac Bampoe Addo Passes Away

21 August 2026
Wontumi’s Campaign Team Picks NPP Chairmanship Forms Despite 20-Year Prison Sentence

Wontumi’s Campaign Team Picks NPP Chairmanship Forms Despite 20-Year Prison Sentence

21 August 2026
GAF Dismisses Investigation Claims Against Former CDS Oppong-Peprah

GAF Dismisses Investigation Claims Against Former CDS Oppong-Peprah

21 August 2026
Supreme Court Upholds Chief Justice’s Legal Vacation Powers, Dismisses Oppong Nkrumah’s Injunction Bid

Supreme Court Upholds Chief Justice’s Legal Vacation Powers, Dismisses Oppong Nkrumah’s Injunction Bid

21 August 2026
Mahama Targets First 1,500 Saglemi Housing Units for Completion by 2027

Mahama Targets First 1,500 Saglemi Housing Units for Completion by 2027

21 August 2026
Gov’t Is Using NDC Organiser’s Prosecution as a “Gimmick” to Douse Criticism Over Attacks on Free Speech — Oppong Nkrumah

Supreme Court sets August 21 to rule on Oppong Nkrumah’s challenge to legal vacation trials

20 August 2026
Convicted Wontumi Still Eyes NPP National Chairmanship Despite 20-Year Jail Term

Convicted Wontumi Still Eyes NPP National Chairmanship Despite 20-Year Jail Term

19 August 2026
‘We Can’t Defend Journalism’s Credibility If Journalists Fail To Uphold Professional Standards’ – GJA

‘We Can’t Defend Journalism’s Credibility If Journalists Fail To Uphold Professional Standards’ – GJA

19 August 2026
GJA@77: ‘Free Press Is a Necessity, Not a Luxury’ – UNESCO Representative on Media’s Role in Nation-Building

GJA@77: ‘Free Press Is a Necessity, Not a Luxury’ – UNESCO Representative on Media’s Role in Nation-Building

19 August 2026
Seyram Krosbi Mensah Seeks National Chief Imam’s Blessings in Bid for NDC National Women’s Organizer Position

Seyram Krosbi Mensah Seeks National Chief Imam’s Blessings in Bid for NDC National Women’s Organizer Position

19 August 2026
ADVERTISEMENT
  • Advertise
Saturday, August 22, 2026
abcnewsgh
  • Home
  • News
  • Politics
  • Business
  • Sports
No Result
View All Result
abcnewsgh
No Result
View All Result
Home News

IMF bailout, DDEP to blame for stalled interchanges – Ministry of Roads

by Newsroom
6 September 2023
in News
0
IMF bailout, DDEP to blame for stalled interchanges – Ministry of Roads
15
VIEWS
ShareTweetSendSend

The Head of Public Relations at the Ministry of Roads and Highways, Nasir Ahmed Yartey, has indicated that the stalled road interchanges across the country are a result of the country’s International Monetary Fund (IMF) deal and the Domestic Debt Exchange Programme (DDEP).

Some key interchanges across the country that yet to be completed include the Obetsebi Lamptey interchange, Flower Pot Interchange, Tema Motorway interchange, Nungua Barrier Interchange, Kumasi Suame Interchange, and the Takoradi PTC interchange (which is about 75 percent complete).

In an interview with Bernard Avle on Citi FM in Accra on Monday, Mr. Yartey said, “Before the IMF and the debt exchange programme, we got into as a country, you agree with me that all these interchanges that you referred to were moving at similar paces, and they were moving very fast. It is the IMF and the debt exchange that has affected them and slowed them down.”

Mr. Yartey said works on the Flower Pot interchange are expected to be completed by the end of March 2024, as the only challenge is the construction of the bridge over the motorway. Once that is done, other works will not take much time.

“The Flower Pot interchange is on schedule to be completed. The major hurdle now is the construction of the bridge over the motorway. We issued a press release on it this morning, and work is going on over there very seriously. Once we are done with the construction of the bridge over the motorway, what will be left will be the groundwork, road work, and other things.

“Those ones don’t take much time. The concrete ones don’t take much time, so once we are done with that one, we should be finishing that project on schedule. The project is scheduled to be completed early next year, so we are looking at somewhere by the end of the first quarter or the second quarter of next year,” he said.

The Head of PR at the Ministry of Roads and Highways reiterated that works on the Obetsebi-Lamptey interchange, Nungua, and PTC interchanges had been affected by the DDEP, and that the government was currently in talks with its financiers to get the project running.

“That one (Obestebi-Lamptey interchange) together with Nungua and PTC in Takoradi have been affected by the debt exchange that we’ve entered into. As I speak to you, the government is negotiating with its financiers to see how best we can get these projects back running, and we are hoping that before the year ends, we should be hearing some good news and getting the contractors back,” he stated.

Source: citinews.com
Tags: Ministry of Roads & Highwayroads
ShareTweetSendSend
Newsroom

Newsroom

Related Posts

Ghana Clears Oil Sector Disputes, Unlocks US$3.5bn in Investment Commitments
News

Ghana Clears Oil Sector Disputes, Unlocks US$3.5bn in Investment Commitments

21 August 2026
Court Reverses Takeover of Cheddar’s No. 1 Oxford Street Hotel
News

Court Reverses Takeover of Cheddar’s No. 1 Oxford Street Hotel

21 August 2026
CLOGSAG Executive Secretary Isaac Bampoe Addo Passes Away
News

CLOGSAG Executive Secretary Isaac Bampoe Addo Passes Away

21 August 2026

Recent Posts

  • Ghana Clears Oil Sector Disputes, Unlocks US$3.5bn in Investment Commitments 21 August 2026
  • Court Reverses Takeover of Cheddar’s No. 1 Oxford Street Hotel 21 August 2026
  • CLOGSAG Executive Secretary Isaac Bampoe Addo Passes Away 21 August 2026
  • Wontumi’s Campaign Team Picks NPP Chairmanship Forms Despite 20-Year Prison Sentence 21 August 2026
  • GAF Dismisses Investigation Claims Against Former CDS Oppong-Peprah 21 August 2026
  • Trending
  • Comments
  • Latest
PROFILE OF COP CHRISTIAN TETTEH YOHUNO, DEPUTY INSPECTOR GENERAL OF POLICE

PROFILE OF COP CHRISTIAN TETTEH YOHUNO, DEPUTY INSPECTOR GENERAL OF POLICE

18 July 2024
China displeased with Ghana media misreporting of IMF deal

China displeased with Ghana media misreporting of IMF deal

25 May 2023
Bawumia declares 2024 presidential bid

Group picks up NPP’s flagbearership forms for Bawumia.

26 May 2023
LIST OF RIVERS POLLUTED BY GALAMSEY ACTIVITIES IN GHANA

LIST OF RIVERS POLLUTED BY GALAMSEY ACTIVITIES IN GHANA

12 September 2024
2024 Election: Ayariga claims ‘Vote Theft’, pitches APC as ‘Third Force’

2024 Election: Ayariga claims ‘Vote Theft’, pitches APC as ‘Third Force’

2
Hassan Ayariga accuses EC of auctioning Presidency to wealthiest bidders

Hassan Ayariga accuses EC of auctioning Presidency to wealthiest bidders

1
‘I will import necessary goods in 6 months, lockdown the economy for 1 year’ – Hassan Ayariga explains his policies

‘I will import necessary goods in 6 months, lockdown the economy for 1 year’ – Hassan Ayariga explains his policies

1
Bawumia launches local streaming platform Ghana Music Xperience

Bawumia launches local streaming platform Ghana Music Xperience

1
Ghana Clears Oil Sector Disputes, Unlocks US$3.5bn in Investment Commitments

Ghana Clears Oil Sector Disputes, Unlocks US$3.5bn in Investment Commitments

21 August 2026
Court Reverses Takeover of Cheddar’s No. 1 Oxford Street Hotel

Court Reverses Takeover of Cheddar’s No. 1 Oxford Street Hotel

21 August 2026
CLOGSAG Executive Secretary Isaac Bampoe Addo Passes Away

CLOGSAG Executive Secretary Isaac Bampoe Addo Passes Away

21 August 2026
Wontumi’s Campaign Team Picks NPP Chairmanship Forms Despite 20-Year Prison Sentence

Wontumi’s Campaign Team Picks NPP Chairmanship Forms Despite 20-Year Prison Sentence

21 August 2026
abcnewsgh

Copyright © 2026 ABCNewsGH.

Navigate Site

  • Advertise

Follow Us

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sports

Copyright © 2026 ABCNewsGH.