Audio By Carbonatix
The Finance Committee is expected to recommend to Parliament the approval of a $250 million loan aimed at bolstering the financial sector.
Chairman of the Committee, Patrick Boamah, says this recommendation is based on a majority decision.
The World Bank facility aims to address the impact of the country's Domestic Debt Exchange Programme (DDEP) on banks and financial institutions.
The Minority have demanded the establishment of a fund to manage these funds.
Addressing journalists in Parliament, Patrick Boamah explained that the Majority did not agree to this demand, hence the decision to recommend the approval by majority decision.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
Our ambition is to win the WAFCON – Kurt Okraku
47 seconds -
IMF clarifies $214m figure as accounting cost, not GoldBod loss
5 minutes -
How Sedina Tamaklo misappropriated state funds leading to her 10-year jail term
15 minutes -
Community Police Assistant arrested over assault on patient at Assin Health Centre
30 minutes -
Connecting faith and music: Dennis Nii Noi’s impact on Ghana’s gospel scene
57 minutes -
CIB Ghana reinforces ethics, skills development as it charts 2026 growth
1 hour -
Ghana and Japan explore new investment opportunities at Accra B2B reception
1 hour -
Shatta Wale says he made $3m from music catalogue sale
1 hour -
APN launches logo design competition for “Make Africa Borderless Now!” campaign
1 hour -
Effective regulation and pricing frameworks of the NPA key to consistent fuel price reductions – Finance & Energy Analyst
1 hour -
UG SRC, GRASAG defend student levy increase to fund accommodation projects
2 hours -
Esther Smith refutes claims Pastor Elvis Agyemang charged for prayers
2 hours -
Seven canoes seized as Navy cracks down on fuel smuggling in Keta–Aflao
2 hours -
Energy Minister petitions IGP to probe alleged assault on ministry staff by police
2 hours -
African scientists propose Africa-led solutions to protect health research amid funding cuts
2 hours
