Government Borrowing Used for Development – Minister Mensah Korsah Defends Borrowed Funds - Onlinetimesgh

Government Borrowing Used for Development – Minister Mensah Korsah Defends Borrowed Funds

The Minister of Local Government, Decentralisation, and Rural Development, Martin Agyei Mensah Korsah, has defended the government’s use of borrowed funds, stating that the money has been effectively directed toward developmental projects that benefit the Ghanaian populace.

Key Points from Mensah Korsah’s Defense:

  • Borrowed Funds for Developmental Projects:
    Korsah highlighted that the government has been judicious in its borrowing, ensuring that funds are channeled into projects aimed at improving the quality of life for ordinary citizens.

    “The many projects that the government is undertaking out of borrowed funds, these plus others, here in Krobo-Odumasi is one of them,” Korsah stated during an interview with Citi News at the inauguration of 188 lockable stores under the Secondary Cities Support Programme in Agormanya, Lower Manya Krobo Municipality.

  • Impact on Local Communities:
    The minister pointed to various infrastructure projects that have been made possible through these borrowed funds, including roads and business centers, such as the 188 lockable stores and a recently commissioned business center in the Krobo area.

    “These projects, including road constructions and shops, are part of what the government has achieved through collaborations with development partners like the World Bank,” he explained.

Call for Continued Support:

  • Encouraging Political Support for the NPP:
    Korsah urged the residents of Krobo to recognize the government’s efforts and reward its work by renewing the mandate of the New Patriotic Party (NPP) in the December 7 elections. He stressed that these projects were evidence of the government’s commitment to responding to community needs.

    “Government should be encouraged to do the wonderful things that it is doing by ensuring that their mandate is renewed,” he added, referring to the many unprecedented projects completed in record time.

Looking Ahead:

  • Prioritizing Development:
    Korsah assured that the government is continuing to prioritize the needs of local communities. He also referenced the community’s desire for a tomato factory as an example of ongoing dialogue between citizens and the government about future developments.

    “The community is yearning for a tomato factory, and if their needs are a priority, the government will continue responding,” he said.

The Minister’s statements emphasize the government’s commitment to ensuring that borrowed funds contribute to lasting, tangible development for the people of Ghana.

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