RE: $19bn China Loan will arrive in August - Hamid

RE: $19bn China Loan will arrive in August - Hamid
Source: Ghana|
Date: 10-04-2018 Time: 05:04:19:pm
Mustapha Hamid

My attention has been drawn to a news item on your web portal that purportedly quotes me as saying that Ghana will conclude a 19 billion dollar loan deal with China in August.

This was an incorrect quote of my submissions in an interview I granted Afia Pokuaa of Adom FM on “Burning Issues” on the 9th of April 2018

This said the quote is incorrect and total misreportage of my words and I wish to correct same as follows:

At no point throughout the interview did I mention the figure $19 billion or suggest that a $19 billion loan will be concluded.

Rather, I told Afia Pokuaa that by August, government hopes to break ground across the country on various infrastructure projects that will be financed through an initial $2 billion tranche of upcoming Chinese facilities.

I further mentioned that the necessary request for approval for this first tranche of $2 billion will soon be put before parliament.

I hope that you will give my rejoinder the same prominence that you gave your original story.

Mustapha Abdul-Hamid (Ph.D)

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