Back to Latest Briefings
August 5, 2026
AI-Enhanced
Ghana cancels nearly 1,800 public projects after IMF-backed spending review
Money
Policy
Growth
Key Points
- Ghana has cancelled nearly 1,800 public investment projects following a nationwide review.
- The review, supported by the International Monetary Fund (IMF), aimed to improve public spending efficiency and fiscal discipline.
- Low-priority, non-performing, and unfeasible projects were removed, while about 2,000 other projects were rephased or rescoped.
- The exercise is part of broader public financial management reforms under Ghana’s economic programme.
- The reforms are expected to improve public investment quality, create fiscal space for priority projects, and support long-term debt sustainability.
Why This Matters
This action signifies Ghana's strong commitment to fiscal discipline and prudent resource management, which is crucial for its ongoing economic recovery and debt restructuring efforts. By cancelling non-viable projects and reallocating funds, the government aims to improve the quality of public investments, ensuring scarce resources contribute to stronger economic and social benefits. This is vital for long-term sustainability, regaining investor confidence, and ensuring development projects are impactful.
Read Full Article
View original sourceRelated Articles
September 20, 2026
Parliament urges MMDAs to enforce sanitation bylaws to curb indiscriminate waste disposal
- Parliament's Committee on Sanitation and Water Resources urges MMDAs to enforce existing sanitation bylaws.
- The Committee identifies indiscipline among residents as the primary obstacle to improving sanitation.
- Chairman John Oti Bless stresses that bylaws must be actively implemented and enforced, not just drafted.
- The call comes as the Committee conducts a nationwide monitoring exercise of sanitation conditions.
- The Committee advocates for stronger enforcement, public accountability, and intensified media education, citing Rwanda's success as an example.
September 20, 2026
Shatta Wale challenges UPSA students to build entrepreneurial mindsets
- Ghanaian musician Shatta Wale addressed students at UPSA's Ghana Entrepreneurship Conference, urging them to cultivate entrepreneurial mindsets.
- He emphasized looking beyond academic qualifications to develop the mental fortitude needed to identify and seize opportunities.
- Shatta Wale advised students to learn from his thinking, adaptability, and determination, rather than imitating his public persona or lifestyle.
- He shared insights on leveraging technology and digital platforms for income generation and brand expansion, stressing the importance of vision and preparation.
- The artiste encouraged continuous learning, problem-solving, and developing the mental capacity to manage wealth and businesses before building them.
September 20, 2026
52-year-old South African arrested with suspected heroin after arriving from Accra
- A 52-year-old South African man was arrested at OR Tambo International Airport on Sunday, September 20.
- Police found suspected heroin worth over R2 million in his luggage.
- The suspect had arrived on a flight from Accra, Ghana.
- This arrest is part of intensified operations against drug trafficking, bringing the total to three suspected drug mules intercepted at the airport in three weeks.
- The incident follows several reported drug shipments from Ghana, prompting the Ghanaian presidency to commission an inter-agency task force to investigate and develop a roadmap to combat drug trafficking.