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
-
Explained: Ghana’s water plant deal that produced a $235m judgment debt instead of water for 500,000 people
38 minutes -
Inflation, cedi pressure put BoG’s MPC under pressure as policy rate decision looms
56 minutes -
Lawyer denies Salomey Baffoe received money from ‘Ghana Jollof’ account operator
1 hour -
Beyond politics: Why Kwame Nkrumah’s ideals still matter for today’s leaders
1 hour -
Top South African policeman charged with sexual offences
1 hour -
More than 170,000 respiratory cases recorded in haze-choked Indonesia
2 hours -
Narrowed space, intolerance – Sammy Crabbe says NPP is driving talented members away
2 hours -
We’re not analytical enough – Sammy Crabbe calls for data-driven decision-making
2 hours -
Tonto Dikeh celebrates Bobrisky as birthday tribute sparks online reactions
2 hours -
Peter Okoye tells court he received over $800,000 in P-Square royalties
2 hours -
I’ve never had problems with artistes – Rema addresses alleged fight with Davido
3 hours -
I was mocked for getting pregnant out of wedlock as pastor’s daughter – Davido’s baby mama
3 hours -
Young John rejects collaboration request from Blaqbonez over old tweet
3 hours -
Trump administration to admit primarily Afrikaners under new refugee proposal
3 hours -
They should have Ghana first – Ntim Fordjour warns MPs against politicising drug crisis
3 hours