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
-
Telecel launches Ashanti Codes to equip youth with digital and AI skills
5 minutes -
Abronye DC granted permission to travel to UK for master’s programme
15 minutes -
Government has stabilised economy, jobs will follow — Ricketts-Hagan
18 minutes -
World Cup ticket allocations for Ghanaian diaspora not yet received -UN Mission
36 minutes -
PURC, ECG and GRIDCo align plans to ensure stable power supply during 2026 FIFA World Cup
1 hour -
Ghana launches National Shea Commodity Platform to commercialise shea production
2 hours -
Bawumia holds talks with British High Commissioner in Accra
2 hours -
AFF study documents 115 edible forest species and indigenous knowledge in biodiversity hotspot
2 hours -
MPs partner with Afarinick to boost Ghana’s cocoa production capacity
2 hours -
Where are the jobs?- Sammy Awuku questions government
2 hours -
Ghana needs effective solutions to rising unemployment, not slogans – Oppong Nkrumah
2 hours -
Oppong Nkrumah calls for overhaul of Ghana’s youth employment strategy
2 hours -
Minnesota attacker pleads guilty in killing of lawmaker and husband, avoids death penalty
2 hours -
When does personal conduct become institutional responsibility? The GES debate explained
2 hours -
Scientific consensus calls for wildlife protection to be integrated into global climate change policy
2 hours