Outgoing Sekondi MP Andrew Egyapa Mercer has highlighted financial difficulties as a major factor affecting the government’s ability to deliver key infrastructure projects in the constituency.
Speaking on Joy FM after losing his parliamentary seat, he admitted that several projects were delayed or abandoned due to the government’s constrained finances, largely tied to Ghana’s debt challenges.
“Our finances do not allow us to borrow. Almost 90% of government-funded projects in this country are through debt. If you are unable to go to the market to raise funding, you can’t implement these projects,” Mercer said.
He pointed to the deteriorating state of the Sekondi Market, which he acknowledged was a significant concern for constituents.
Although the project was included in the government’s Medium-Term Framework from 2022 to 2024, financial limitations prevented its execution.
“You’ll explain, you’ll show them the document, but all they want is the market,” Mercer lamented.
The stalled PTC Interchange and the Market Circle redevelopment were also cited as examples of the government’s struggles to execute planned projects.
Mr Mercer noted that the financial challenges were compounded by ongoing debt restructuring efforts, which further limited access to funding.
“They see Market Circle being reconstructed, which has stopped because of the problems with the debt situation. The same applies to the PTC Interchange,” he said.
Despite these setbacks, Mr Mercer defended the government’s efforts, highlighting ongoing projects like the redevelopment of Effia Nkwanta Regional Hospital and the construction of a new teaching hospital.
“The Effia Nkwanta Regional Hospital is being redeveloped. Many roads have been done. Many projects have been undertaken in the constituency,” Mr Mercer stated, though he acknowledged that these achievements were insufficient to counter voter frustrations.
Latest Stories
-
Air India crash attributed to pilot seat malfunction
6 minutes -
GCAA and South Korea sign letter of intent to advance Ghana’s drone sector
6 minutes -
Republic Bank Ghana promises improved lending to customers, prospective home owners
11 minutes -
Ghana ranks among top 6 African economies in Intra-African trade – Afreximbank Report
22 minutes -
Allied Health Professions Council warns against unlicensed practice
22 minutes -
Energy Minister engages petroleum sector stakeholders on laycan concerns
33 minutes -
‘We played a great second half’ – Black Queens coach on friendly against Benin
35 minutes -
Yara Ghana deepens commitment to women in agribusiness
37 minutes -
Afreximbank has been a pillar in Ghana’s economic journey – Deputy Finance Minister
41 minutes -
‘I will die a teacher’ – Okyeame Kwame on his true calling
43 minutes -
From neurodivergent child to PhD candidate – Okyeame Kwame’s triumph over dyslexia
49 minutes -
73% of consumers believe foreign goods prices to drop significantly but not same for domestic goods – Maverick Research
53 minutes -
Halt electricity tariff hikes immediately! – Awal Mohammed to government
1 hour -
CJ probe: Human rights can’t be sacrificed under Article 146 – Former Deputy AG
1 hour -
‘Intelligent, elegant, African’ – Okyeame Kwame on embracing authentic branding
1 hour