Audio By Carbonatix
The Information Minister Kojo Oppong Nkrumah has assured that the PDS saga will not affect Ghana’s relationship with the United States of America.
According to him, there were no crises of confidence between the two countries instead, both countries shared varied opinions on the matter.
“We will continue to cooperate on many other development matters as we have them,” he said at a press briefing, Wednesday.
This comes after the government terminated the deal with the Power Distribution Services, despite stiff opposition from the U.S.
This termination came through following government’s insistence against the US government which insisted that the PDS concession should be sustained in order to save the $498 million compact with the Millennium Challenge Account.
Mr Oppong Nkrumah stated both countries only had a difference in opinion on the PDS matter and that would not hamper their relationship.
However, he mentioned that there is a possibility that the termination of the PDS contract will affect Compact 3.
He revealed that part of the pressure received was that if Ghana failed to agree to maintain PDS, the country will not be included in Compact 3.
Ghana has lost a $190 million granted by its US partners as part of a power concession agreement. A statement from the US embassy Tuesday said the Millennium Challenge Corporation (MCC) has confirmed that the money is no longer available after Ghana decided to terminate the concession agreement with Power Distribution Services (PDS).Meanwhile. the Information Minister has stated that government will continue to engage in this and other matters tied to this concession agreement.
Latest Stories
-
Ayawaso East NDC Primary: Baba Jamal’s campaign distributes TV Sets, food to delegates
2 minutes -
MzNana & Obaapa Christy unite on soul-stirring gospel anthem Ahoto’
28 minutes -
Ayawaso East by-election underway as five candidates vie for NDC ticket
33 minutes -
Loyalty is everything in politics; Bawumia must decide on Afenyo-Markin – Adom-Otchere
49 minutes -
Ghana positions itself as a Competitive Fund Domiciliation Hub
1 hour -
NPP: Afenyo-Markin defends post-election coordination, urges focus on party unity
1 hour -
MoMo boss Shaibu Haruna named fintech CEO of the Year as MobileMoney Ltd, MTN Ghana sweep top awards
2 hours -
Kofi Bentil praises Afenyo-Markin’s leadership style but calls it combative
2 hours -
NDC’s demolishing exercises will feature in 2028 election – Adom Otchere
2 hours -
“I was hoping for 60%” – Paul Adom-Otchere on Dr Bawumia’s flagbearer win
3 hours -
Africa’s growth depends on empowering SMEs, women and youth – CEO of Telecel Group
3 hours -
Force for good in action: Absa’s colleague volunteerism in 2025
3 hours -
14-Year-old boy drowns at Fiapre Catholic Junction in Bono Region
3 hours -
KIA too big to be named after Kotoka – Kofi Bentil
3 hours -
NPP should be the last to talk about renaming national monuments – Atta Issah
3 hours
