• About
  • Advertise
  • Privacy Policy
  • Contact
Tuesday, August 25, 2026
  • 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
in General News

Bokpin Backs Big Push to Transform Ghana, Says Economic Transformation Hinges on Infrastructure

Evans Junior Owuby Evans Junior Owu
January 18, 2026
Reading Time: 4 mins read
Add as Preferred on Google
Professor Godfred A. Bokpin, an Economist and Professor of Finance

Professor Godfred A. Bokpin, an Economist and Professor of Finance

Professor Godfred A. Bokpin, an Economist and Professor of Finance at the University of Ghana Business School, has expressed strong support for the government’s $10 billion Big Push infrastructure drive as the foundation for Ghana’s economic transformation.

He argued that without decisive investment in transport and connectivity, economic progress will continue to bypass many citizens despite positive macroeconomic indicators.

“I will be happy to support the government if they will say that, look, we want to close the infrastructure gap, and even if that will mean our debt to GDP ratio is going to go up, I will support the government to the extent that we can achieve higher value for money for every cedi we borrow and we invest appropriately.”

Professor Godfred A. Bokpin, an economist and Professor of Finance at the University of Ghana Business School

According to him, infrastructure forms the basic building block of transformation, particularly in transportation. He explained that economic activity depends largely on movement, and systems that restrict movement inevitably create inefficiencies.

These inefficiencies, he noted, help explain why growth recorded at the national level often fails to translate into improved living standards. He illustrated Ghana’s infrastructure challenge by comparing travel conditions locally with those in more developed economies.

ADVERTISEMENT
Professor Godfred Bokpin, seasoned Economist and Professor of Finance
Professor Godfred Bokpin, seasoned Economist and Professor of Finance

He observed that while the distance between Shanghai and Beijing exceeds 1,200 kilometres, modern rail systems enable journeys of less than five hours. By contrast, the approximately 250-kilometre journey between Accra and Kumasi can take more than six hours, often with uncertainty and discomfort.

Professor Bokpin recalled that in the 1990s, some road transport services could complete the Accra-Kumasi trip in about two and a half hours. Over the years, however, deteriorating road conditions and limited alternatives have reversed these gains.

Today, even high-performance vehicles struggle to make the journey in under five hours, reflecting what he described as a worrying decline in transport efficiency. He expressed concern that after nearly 69 years of independence, Ghana has yet to connect its major regions with a modern expressway network.

Development Gap Undermining Economic Integration

In his assessment, this failure represents a significant development gap that undermines national cohesion and economic integration. He argued that citizens deserve better outcomes, given the sacrifices made in pursuit of economic stability.

President John Dramani Mahama
President John Dramani Mahama at the sod cutting ceremony for the Takoradi-Cape Coast Dual Carriageway Project

The economist stressed that poor transport infrastructure raises the cost of doing business, inflates prices of goods, and restricts access to markets and social services.

ADVERTISEMENT

These factors, he said, contribute to the disconnect between macroeconomic improvements and the everyday experiences of households and businesses. Professor Bokpin warned that without bold action, development may arrive too late for many communities.

He argued that incremental reforms are insufficient and that Ghana must act at scale to address its infrastructure deficit. For him, the urgency is not only economic but also social, as delayed development carries human costs.

He welcomed the infrastructure focused aspects of the National Democratic Congress manifesto, particularly the Big Push initiative. He said the policy demonstrates a clear diagnosis of Ghana’s challenges and places connectivity at the centre of production, trade, and inclusion.

ADVERTISEMENT

While he noted some reservations about the 24-hour economy proposal, he acknowledged that the broader policy framework contains several promising ideas. According to Professor Bokpin, Ghana’s challenges demand coordinated and efficient action.

He cautioned that large investments must be matched with strong oversight, transparent procurement, and effective monitoring to avoid waste and fiscal strain. He also highlighted the role of foreign policy in supporting development.

Professor Godfred Bokpin, seasoned Economist and Professor of Finance
Professor Godfred Bokpin, seasoned Economist and Professor of Finance

He argued that Ghana’s international engagements should be used strategically to attract investment, technology, and partnerships that support infrastructure expansion and economic transformation.

Professor Bokpin concluded that infrastructure is not merely about physical assets but about enabling opportunity and dignity for citizens. Without efficient roads, railways, and transport systems, he said, other development policies will continue to yield limited results.

READ ALSO: “2025 Was a Year of Painful Adjustments but Stability Is Back,” BoG Governor Declares

ADVERTISEMENT

Sign Up to Our Newsletter

Fresh updates, Straight to your inbox

Tags: Accra KumasiBig Push infrastructuredebt to GDPEconomic TransformationGhana developmentNDC ManifestoProfessor Godfred Bokpintransport infrastructureUniversity of Ghana Business School
Please login to join discussion
Previous Post

Arko Nokoe Kicks Against VALCO Privatization, Urges for Reforms for Sustainable Benefits

Next Post

Cedi Appreciation Triggers Sharp 21% Decline in Foreign Currency Deposits

Related Posts

Speaker of Ghana’s Parliament, Rt. Hon. Alban Kingsford Sumana Bagbin
General News

Bagbin Refers Two Ministers, Three Supreme Court Nominees for Vetting

August 24, 2026
Honourable Alexander Kwamena Afenyo-Markin And Sammy Gyamfi
General News

OSP to Assess Extortion Allegations Against Minority Leader Afenyo-Markin

August 24, 2026
Minority Leader, Honourable Alexander Kwamena Afenyo-Markin with NPP Flagbearer, Dr. Mahamudu Bawumia
General News

Afenyo-Markin Meets Bawumia As Minority Targets “GoldBod $1.7 Billion Loss”

August 24, 2026
Governing Council Chairman of KAAF University, Professor Omane Antwi
General News

KAAF University Council Chairman Calls for Ethics-Driven Legal Education in Ghana

August 24, 2026
ADVERTISEMENT

Sign Up to Our Newsletter

Fresh updates, Straight to your inbox

ADVERTISEMENT

Recent News

Bright Simon, Vice-president, IMANI

Gold Trading Operates On Low Margins – Bright Simons Warns

August 25, 2026
Minerals Commission Office In Kumasi

MinCom Commissions New Regional Office in Kumasi

August 25, 2026
KiDi

KiDi and Kwesi Arthur Reunite on Crucified This Thursday

August 25, 2026
image 215

Xabi Alonso’s Chelsea Tenure Begins With a Win in Five-Goal Thriller

August 24, 2026
Speaker of Ghana’s Parliament, Rt. Hon. Alban Kingsford Sumana Bagbin

Bagbin Refers Two Ministers, Three Supreme Court Nominees for Vetting

August 24, 2026
ADVERTISEMENT
Next Post
BoG Converts Rural Banks Into Community Banks After 50 Years of Rural Banking

Cedi Appreciation Triggers Sharp 21% Decline in Foreign Currency Deposits

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.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.