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
-
No Sex, No Job: Confronting Ghana’s silent abuse of power
12 minutes -
McDan Youth Connect ignites entrepreneurship drive to tackle youth unemployment in Ghana
19 minutes -
Chinese company Huayou agrees to fund Ewoyaa mine development amid Atlantic Lithium takeover talks
2 hours -
61 out of 185 SOEs met April 30 deadline for submitting 2025 financial statements
2 hours -
Heath Goldfields to invest $20m into five-year community development plan
2 hours -
3i Africa Summit connects fintechs to investors, customers
2 hours -
GMA offers legal and mental health support to staff linked to Charles Amissah case
2 hours -
Okaikwei Central NPP executive allegedly assaulted after election meeting
2 hours -
34-year-old man arrested for alleged sexual abuse of teenage boys at Kronum
2 hours -
Improve patient communication to rebuild public trust – GMA President to health professionals
2 hours -
Roads Ministry to sponsor training for heavy equipment operators
2 hours -
Okaikwei North Assembly deploys 24-Hour taskforce to sustain Lapaz decongestion
3 hours -
GMA president questions use of ‘medical negligence’ in Charles Amissah probe report
3 hours -
GWL recovers GH₵3.7m from illegal water users as crackdown intensifies
3 hours -
GWL intensifies pipeline repairs to reduce water losses in Accra, Tema
3 hours