
Audio By Carbonatix
The Government of Ghana have signed a non-project grant agreement of 11.76 million US dollars with the government of Japan.
The grant is part of a scheme to provide the Ghana government with foreign currency in order to facilitate the importation of needed machinery and equipment for development.
Nana Addo Dankwa Akuffo-Addo, Minister of Foreign Affairs, Regional Cooperation and NEPAD, who initialled for Ghana, said the grant will assist in the consolidation of government priorities as stipulated in the Growth and Poverty Reduction Strategy (GPRS II).
He said under the programme, government will focus on provision of rural infrastructure such as schools, motorable roads, health facilities and improvement of the quality of life of rural people.
Masamichi Ishikawa, Japanese Ambassador to Ghana, who signed for his country, said Japanese grant to Ghana had increased consistently over the past few years because the people of Ghana had demonstrated great effort towards open and competitive economy.
He expressed the hope that the grant will strengthen the relations between the two countries and help speed up the economic growth of Ghana.
Mr Ishikawa congratulated the government and the people of Ghana on the celebration of their Golden Jubilee of independence and President John Kufuor’s assumption of the chairmanship of the African Union.Source: GNA
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.
Tags:
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
-
Texas will investigate ICE’s fatal shooting of man in Houston, governor says
3 hours -
White House teleprompter operator accused of making $100k off Trump speech bets
3 hours -
TikToker jailed for offensive conduct
3 hours -
‘We don’t need tribunals again’ — Minority stages walkout over bill
4 hours -
Teacher jailed 12 years for defiling pupil under his care
4 hours -
Court jails head porter 10 years for robbery at Aflao
4 hours -
Court jails 19-year-old for stealing nurse’s mobile phone and cash
4 hours -
Pele’s 1958 World Cup final shirt sells for $4.9m
4 hours -
Bellingham slapped Argentina substitute after England exit
4 hours -
FIFA ‘assessing match reports’ over Falklands banner
4 hours -
Wa West District Assembly empowers PWDs with over GH¢236,000 and 10 wheelchairs
5 hours -
New York issues air quality alert days before World Cup final
5 hours -
Prudential Life & United Way Ghana donate sanitation facilities to Chorkor under PRU Climate Action Project
5 hours -
Mahama nominates three to Supreme Court bench
5 hours -
Zoomlion MD visits Kenya as company transforms Nairobi waste management
5 hours