Audio By Carbonatix
The Parliament has approved a $250 million loan agreement from the World Bank to support the country's energy sector.
This loan was initially resisted by the Minority in the House ahead of the recess.
The proponents explained that is intended to aid reforms under the Ghana Energy Sector Recovery Programme.
Despite being on recess, the Majority petitioned the Speaker to reconvene the House for two emergency sittings to address urgent government business.
At today's sitting, the Minority raised concerns over a $90 million consultancy fee included in the loan agreement.
The NDC MPs argued that the fee was excessively high and required thorough scrutiny before being approved by the House.
However, the Majority in Parliament advocated for the approval of the funds.
They claimed it was a pressing matter that demanded immediate attention to address the energy sector's problems.
Latest Stories
-
Karaga MP donates 4,000 gallons of fuel to boost livelihoods in New Year outreach
4 hours -
GIPC CEO engages European Parliament delegation on Ghana’s investment reforms
4 hours -
Oppong Nkrumah, 5 others didn’t accept campaign support from Bryan Acheampong – Pius Hadzide backtracks
4 hours -
BoG rejects market speculation, emphasises data-driven policies
5 hours -
BoG targets consolidation, discipline in 2026 policy direction
5 hours -
GJA-Ashanti commends EPA’s continuous engagement with journalists who were involved in accident
5 hours -
Wenchi needs development, help us – Chiefs to Aseidu Nketia
5 hours -
EPA boss encourages journalists not to relent in their support to fight galamsey
6 hours -
Domestic Gold Purchasing Programme helped Ghana’s economy during difficult period – IMF
6 hours -
Ike City Group of Companies touches hearts at Dzorwulu Special School with compasionate donation
6 hours -
Vehicle exhaust pipes on the left create about 40% more pollution on the road than those on the right – Study
6 hours -
My Response to Dr Bryan Acheampong: Facts must prevail
6 hours -
U.S. and Ghana Armed Forces strengthen medical readiness at SETAF-AF Best Medic Competition
7 hours -
Earlier passage of BoG’s Amendment Bill could have prevented haircuts – Dr. Asiama
7 hours -
Economic stability gains were hard-won through discipline and institutional effort – BoG Governor
8 hours