Ghana’s Ministry of Finance inaugurated a Public-Private Partnership (PPP) Committee to redefine infrastructure development through equitable risk-sharing and structured collaboration.
Deputy Finance Minister Thomas Ampem Nyarko emphasized that fiscal constraints necessitate private capital for critical projects, signaling a shift from past “government-dominated” models.
Finance Minister Dr. Ato Forson, chairing the committee, declared an end to unsustainable PPP practices, stressing future projects must prioritize accountability, inclusivity, and genuine risk-balancing. The committee includes high-profile figures like Attorney General Dr. Dominic Ayine, Trade Minister Elizabeth Ofosu-Adjare, and National Development Planning Commission Director-General Dr. Audrey Smock Amoah.
Technical input comes from the Ghana Institution of Engineers and Chartered Institute of Bankers, while political backing is reinforced by the Deputy Chief of Staff’s inclusion. The initiative responds to Ghana’s need for innovative financing amid debt challenges, with a renewed focus on transparency, value-for-money, and measurable outcomes.
Experts view the committee as pivotal for aligning PPPs with President Mahama’s industrial agenda under NDC governance. Its success hinges on balancing private-sector efficiency with public-interest safeguards.
