• About
  • Advertise
  • Privacy Policy
  • Contact
Friday, October 17, 2025
  • Login
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
No Result
View All Result

Ghana: Seven-Year Multi-Annual Indicative Program Prioritizes Development Of Sustainable Cities

M.Cby M.C
April 6, 2022
Reading Time: 3 mins read
M.Cby M.C
in Economy, Sub Top Stories1
0
Ghana: Seven-Year Multi-Annual Indicative Program Prioritizes Development Of Sustainable Cities

The City of Accra - Ghana

The creation of sustainable cities which is the focus of Goal 11 of the Sustainable Development Goals (SDGs), is one of the topmost priorities of the Seven-Year Government of Ghana-European Union (EU) Multi-annual Indicative Program (MIP) launched.

According to the United Nations (UN), making cities sustainable means creating career and business opportunities, safe and affordable housing, and building resilient societies and economies. It involves investment in public transport, creating green public spaces, and improving urban planning and management in participatory and inclusive ways.

UN’s estimates show that by 2050, two-thirds of all humanity—6.5 billion people—will be urban and that sustainable development cannot be achieved without significantly transforming the way people build and manage the urban spaces.

RelatedPosts

The Paradise Project: Alan Kyerematen Unveils United Party, to Make Ghana Africa’s Economic Powerhouse

Services Sector Dominates Ghana’s 4.5% Economic Growth Amid Industrial Slowdown

Debt Discipline Paying Off? IMF Projects Ghana’s Debt-to-GDP Ratio to Hit 59% by End of 2025

In Ghana, estimates show that 55% of the total population live in urban areas which results in a huge housing deficit, estimated at 1.8 million housing units.  Particularly among the rural-urban migrants, there is a significant population of urban slum dwellers, who form part of the informal sector and subsist on daily earnings that were threatened during the COVID-19 lockdown as government introduced measures to prevent the spread of the pandemic.

The debilitating effects of the COVID-19 pandemic on societies across the world and their resultant impact on the progress made with the SDGs to date, have increased the already daunting SDGs financing gap that the developing world has been faced with since the establishment of the Agenda 2030 in 2015.

According to the 2020 SDGs Budget Report, the Government of Ghana spent GH¢855 million in the delivery of programs at both National and District levels under Goal 11 of the SDGs in 2020. In 2019, this amount was GH¢382.2 million. This means the additional support from the EU is particularly important to help drive the creation of sustainable cities in the country under Goal 11.

ADVERTISEMENT

Other priority areas of the MIP

The other priority areas covered by the program, which spans 2021-2027, are the promotion of Green, Resilient and Inclusive Growth; and Good Governance and Security. These priorities were jointly determined by a team of EU representatives working in close consultation with Government of Ghana officials, civil society representatives and other relevant stakeholders.

Ken Ofori Atta 2 1140x570 1
Ken Ofori-Atta

At the launch, the Finance Minister, Ken Ofori-Atta, appraised the new indicative program as a developmental guide between Ghana and the EU. He said “This program is a particularly poignant one as it will guide the development cooperation between the Ghana and the EU over the 2021 – 2027 programming period”. Mr. Ofori-Atta emphasized that the new multi-annual indicative program will allow the EU and its member states support Ghana’s development efforts across the “three priority areas”.

It is envisaged that the EU will make available Two Hundred and Three Million Euros (€ 203 million) to Ghana between 2021-2024. The amount is expected to fund and implement programs and projects jointly developed by Ghana and the EU under the agreed priority areas and sectors.

The Minister for Finance also expressed excitement at the prospect of leveraging the technical expertise and technological advances within the EU to close loopholes in the tax system, enhance the transparency of public spending and support business creation. He voiced optimism about the ability of these reforms to open more opportunities, particularly for young people and socially excluded groups.

READ ALSO: Agriculture Is The ‘New Gold’- Adedolapo Alabi to Ghanaian Youth

Tags: COVID-19EUghanaIndicative ProgramSDGsSustainable Cities
Please login to join discussion
Previous Post

I Think There’s a lot of Unfair Treatment to Adwoa Safo- Muntaka

Next Post

Atlantic Lithium Could Benefit from Prolonged Higher Prices as Lithium Shortages Last for years

Subscription Form

Related Posts

Alan John Kwadwo Kyerematen, Founder of the United Party
General News

The Paradise Project: Alan Kyerematen Unveils United Party, to Make Ghana Africa’s Economic Powerhouse

October 16, 2025
Services Sector Dominates Ghana’s 4.5% Economic Growth Amid Industrial Slowdown
Economy

Services Sector Dominates Ghana’s 4.5% Economic Growth Amid Industrial Slowdown

October 16, 2025
Debt Discipline Paying Off? IMF Projects Ghana’s Debt-to-GDP Ratio to Hit 59% by End of 2025
Economy

Debt Discipline Paying Off? IMF Projects Ghana’s Debt-to-GDP Ratio to Hit 59% by End of 2025

October 16, 2025
Global Public Debt to exceed 100% of GDP by 2029, build buffers – IMF Warns
Economy

Global Public Debt to exceed 100% of GDP by 2029, build buffers – IMF Warns

October 16, 2025
Professor Godfred Bokpin, Economist and Professor of Finance at the University of Ghana Business School
Economy

Ghana’s Economy Built to Import, Not Export – Professor Godfred Bokpin

October 16, 2025
High-level panel at Africa Energy Week (AEW): Invest in African Energies 2025
Extractives/Energy

Ghana Poised for 20% of West Africa’s $80 Billion Oil Market 

October 16, 2025
Ex-Trump National Security Adviser Indicted Over Classified Information
USA

Ex-Trump National Security Adviser Indicted Over Classified Information

by Comfort AmpomaaOctober 17, 2025
Birim Central Municipality and NAIMOS Carry Out a Joint Anti-galamsey Exercise
Extractives/Energy

Galamsey: NAIMOS Intensifies Operations in the Eastern Region

by Bless Banir YarayeOctober 17, 2025
Ghana’s small-scale gold export between January and October 15, 2025
Extractives/Energy

Ghana’s $8B Gold Surge Spurs Caution on GoldBod 

by Prince AgyapongOctober 17, 2025
Professor Stephen Kwaku Asare
General News

United Party’s Success Hinges on Institutionalizing Credibility – CDD-Ghana Fellow

by Evans Junior OwuOctober 17, 2025
GSE Dips 12 Points as NewGold ETF, MTN Ghana, and Access Bank Drag Market Down
Securities/Markets

GSE Dips 12 Points as NewGold ETF, MTN Ghana, and Access Bank Drag Market Down

by M.COctober 17, 2025
Telecel Rejects Minority’s Allegations, Clarifies Role in AT Ghana Operations
General News

Telecel Rejects Minority’s Allegations, Clarifies Role in AT Ghana Operations

by Evans Junior OwuOctober 16, 2025
Ex-Trump National Security Adviser Indicted Over Classified Information
Birim Central Municipality and NAIMOS Carry Out a Joint Anti-galamsey Exercise
Ghana’s small-scale gold export between January and October 15, 2025
Professor Stephen Kwaku Asare
GSE Dips 12 Points as NewGold ETF, MTN Ghana, and Access Bank Drag Market Down
Telecel Rejects Minority’s Allegations, Clarifies Role in AT Ghana Operations

Recent News

Ex-Trump National Security Adviser Indicted Over Classified Information

Ex-Trump National Security Adviser Indicted Over Classified Information

October 17, 2025
Birim Central Municipality and NAIMOS Carry Out a Joint Anti-galamsey Exercise

Galamsey: NAIMOS Intensifies Operations in the Eastern Region

October 17, 2025
Ghana’s small-scale gold export between January and October 15, 2025

Ghana’s $8B Gold Surge Spurs Caution on GoldBod 

October 17, 2025
Professor Stephen Kwaku Asare

United Party’s Success Hinges on Institutionalizing Credibility – CDD-Ghana Fellow

October 17, 2025
GSE Dips 12 Points as NewGold ETF, MTN Ghana, and Access Bank Drag Market Down

GSE Dips 12 Points as NewGold ETF, MTN Ghana, and Access Bank Drag Market Down

October 17, 2025
Telecel Rejects Minority’s Allegations, Clarifies Role in AT Ghana Operations

Telecel Rejects Minority’s Allegations, Clarifies Role in AT Ghana Operations

October 16, 2025
Subscription Form
The Vaultz News

Copyright © 2025 The Vaultz News. All rights reserved.

Navigate Site

  • About
  • Advertise
  • Privacy Policy
  • Contact

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2D
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships

Copyright © 2025 The Vaultz News. All rights reserved.