A Member of the Economic Management team of government and Chairman of Finance Committee in Parliament Dr. Mark Asibe Yeboah has described as an “error” aspect of the 2019 budget statement which stated that an interchange will be Constructed in Koforidua, the Eastern Regional Capital.
The Finance Minister Ken Ofori Atta stated in the 2019 budget statement that government has devoted $2 billion for infrastructural Projects across the country which included Construction of roads and interchanges including the Koforidua Interchange. The announcement generated debate among residents wondering which part of the Regional Capital the proposed interchange will be constructed.
Speaking on Koforidua-based Kingdom FM Tuesday Dr. Mark Asibe also a Member of Parliament for New Juaben South Constituency stated that “What is an interchange, interchange is needed where there is heavy vehicular traffic. In Koforidua where do we need an interchange. We don’t need an interchange in Koforidua. If that was said by the Minister he might have done it in error”.
Dr. Mark Asibe Yeboah however announced that a $70 million facility has been approved by Parliament for the construction a new Modern Regional Hospital to improve quality healthcare delivery in the Eastern region.
He said the region is benefiting from the numerous developmental projects being rolled out by government to improve living standards.
On the Economy, Dr. Mark Asibe Yeboah said the Akufo-Addo-led government has managed well the Ghanaian economy.
He said the “sensible” borrowing by current government and debt re-profiling measures introduced has helped brought Ghana’s debt obligation under control.
According to him, the total debts added since NPP government came to power is less than 20 billion cedis but the high rate of accumulated interest on reckless borrowings by the Previous National Democratic Congress (NDC) government is what has kept increasing the Country’s debt adding that “by far, our accumulation on debt, interest rate on debt, usage of funds, NPP has done far better than NDC”.