The Minister for Local Government, Decentralisation, and Rural Development, Martin Agyei Mensah Korsah, has provided a strong defense for the government’s borrowing practices, emphasizing that the funds are being channeled effectively into developmental projects aimed at improving the lives of ordinary Ghanaians. Speaking in Agormanya, located in the Lower Manya Krobo Municipality of the Eastern Region, Korsah highlighted how these funds are supporting critical projects across the country, which he believes will significantly enhance the local economy and infrastructure.
Mensah Korsah’s statements were made during the inauguration of 188 lockable stores under the Secondary Cities Support Programme, which aims to support local businesses and foster economic growth in regional areas. The stores, located in Agormanya, represent a significant step in the government’s broader efforts to enhance commerce and trade within the Eastern Region. This project is part of a series of initiatives funded by borrowed money, showcasing the government’s commitment to transforming communities through infrastructural development.
The government’s efforts, according to Korsah, have not been limited to just Agormanya. He mentioned several ongoing projects in the area, including a business center recently commissioned by Vice President Dr. Mahamudu Bawumia and the construction of several roads, all of which are funded through loans provided by the government’s development partners. Korsah stressed that these developments are direct results of borrowed funds and should be acknowledged as part of the government’s strategy to foster economic growth and improve living standards across Ghana.
“Many of the projects that we have embarked on are being funded by borrowed funds. The 188 lockable shops we are inaugurating here today, as well as other initiatives like road construction and business centers, have all been made possible through the strategic use of loans,” said Korsah. He pointed out that these efforts are part of the government’s collaboration with international organizations like the World Bank, which has played a crucial role in financing these projects. He also noted that the government’s approach to borrowing is centered around the needs of the people and that the investments being made are designed to offer long-term benefits to communities across the country.
The Minister emphasized that the government is working to prioritize the concerns of local populations, listening to their needs, and using borrowed funds to address these issues. He urged the people of Lower Manya Krobo, particularly those in the Agormanya area, to recognize the importance of these investments and to show their appreciation by renewing the mandate of the New Patriotic Party (NPP) in the upcoming December elections. According to Korsah, the NPP has demonstrated its commitment to addressing the challenges faced by ordinary Ghanaians and has made significant strides in fulfilling the promises made to the electorate in previous elections.
“The government is prioritizing the needs of the people, and the developments that have taken place in record time are a testament to this. We must acknowledge these efforts and encourage the government to continue the good work it is doing,” Korsah said. He added that projects such as the 188 lockable shops and the business center are just some examples of how borrowed funds have been utilized to directly benefit local communities. The Minister expressed hope that the people of Krobo-Odumasi would recognize the government’s achievements and show their support in the coming election.
The Minister also addressed the aspirations of the community, particularly their desire for a tomato factory. Korsah acknowledged the community's request and assured them that their needs were being considered. He highlighted that the government would continue to work in collaboration with local leaders and development partners to meet the needs of communities across the country.
“It is important that the community continues to voice their needs, and the government will keep listening and responding to those needs,” Korsah stated. He emphasized that the government’s focus on rural and regional development is central to its overall strategy for national growth. The government is committed to building a foundation for sustained economic prosperity, which he believes will help lift many Ghanaians out of poverty and improve their quality of life.
In conclusion, Martin Agyei Mensah Korsah reaffirmed that the use of borrowed funds for developmental projects is a necessary step in ensuring that the country’s infrastructure improves, businesses thrive, and ordinary Ghanaians benefit from increased opportunities. He encouraged the people of Krobo and other regions to support the NPP’s efforts and vote in favor of a government that has demonstrated its dedication to improving their lives through concrete actions and strategic investments.
Korsah’s statements come as Ghana approaches the 2024 general elections, with political parties seeking to win the support of the electorate by highlighting their achievements and plans for the future. The government's use of borrowed funds for infrastructure and community development will likely be a key talking point in the campaign as voters assess the progress made in various sectors of the economy.
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