
Audio By Carbonatix
Government has laid before parliament a request for approval of a $35 million agreement with the World Bank to support Ghana’s efforts to deal with spread of the Coronavirus.
The document put before the House is a financing agreement between the Ghana government and International Development Association for an amount of $35.
This is to finance Ghana's Covid-19 emergency preparedness and response project.
Speaker Prof. Mike Ocquaye on Saturday referred the agreement to the Finance Committee of Parliament for consideration and approval.
President Akufo-Addo earlier this month disclosed he has directed the release of $100 million to support various aspects of the economy survive the impact of the Covid-19 virus.
Finance Minister, Ken Ofori-Atta, subsequently told Parliament government was seeking to tap into a $12 billion World Bank Group fast track coronavirus facility, and a $10 billion IMF facility to address the coronavirus through Rapid Credit Facility.
Meanwhile, the Finance Minister is expected on the Floor of Parliament on Monday to brief MPs on other measures being taken to cushion the economy.
Latest Stories
-
US launches fresh strikes as Iran closes Strait of Hormuz
22 minutes -
2026 World Cup: England come from behind to beat Norway and reach semi-final
54 minutes -
IPR Ghana inspires Good Shepherd R/C JHS students to champion environmental sustainability
2 hours -
Kenpong suffers serious injuries after freak domestic accident
2 hours -
Sixteen starve to death in Uganda as drought kills crops
3 hours -
Iran supreme leader calls for revenge for father’s killing
4 hours -
Black Maidens seal U-17 Women’s World Cup qualification after shootout win over Senegal
5 hours -
Illegal sand winners will face the law – Ningo-Prampram MP warns
6 hours -
Trump administration subpoenas New York Times journalists over Air Force One reporting
6 hours -
Aseidu Nketia urges greater investment in Ghana’s youth to unlock demographic dividend
6 hours -
More than 40 kidnapped children and teachers freed after Nigerian army operation
6 hours -
Saudi Arabia overlooks Somali tensions with military support for outgoing president
6 hours -
US pays out $3m to victims of mystery Havana Syndrome condition reported by spies
7 hours -
Landmark US housing bill becomes law despite Trump protest
8 hours -
Ann Widdecombe attacked nearly 24 hours before she was found dead, police say
8 hours