In a recent parliamentary session, Honourable Francis Asenso-Boakye, Member of Parliament for Bantama and former Minister of Roads and Highways, delivered a pointed critique of President John Dramani Mahama's State of the Nation Address, focusing on the administration's perspective on road infrastructure debt.
Highlighting Contradictions in Infrastructure Investment Asenso-Boakye underscored a perceived contradiction in President Mahama's address, noting that while the President emphasized the importance of road infrastructure for national development, he simultaneously lamented the associated debt.
Asenso-Boakye argued that such investments are essential for economic growth, stating, "Debt, in itself, is not bad; it depends on how it is used." He cited the U.S.
interstate highway program of the 1950s as an example, where every dollar invested yielded six dollars in economic returns.