https://www.myjoyonline.com/un-to-support-ghana-with-500m-in-development-assistance/-------https://www.myjoyonline.com/un-to-support-ghana-with-500m-in-development-assistance/
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UN to support Ghana with $500m in development assistance

UN Resident Coordinator in Ghana, Charles Abani

The United Nations has indicated its readiness to scale up support for Ghana under its newly-proposed Cooperation Framework.

Under a previously signed framework, a total of $440 million was expended in assisting the country towards achieving her developmental need.

However, in what he describes as “realignment,” the UN Resident Coordinator in Ghana, Charles Abani, revealed that the new framework (2022-2025) is expected to scale up assistance to over $500 million.

“This is a gross increase in the value that comes through the UN system into Ghana. The 261 (million) that we announced at the Global Citizens (festival) is the core part of that and that has been secured already.”

UN Resident Coordinator in Ghana, Charles Abani

“For the rest, we are in the motion of raising that fund, which backs my pledge that we stand ready to support,” Charles Abani told JoyNews.

In its report titled, ‘The Impact of the War in Ukraine on Sustainable Development in Africa’, the United Nations Development Programme (UNDP) noted that “Africa is facing a double crisis with the combined effects of the war in Ukraine and of the Covid-19 pandemic - now is a critical time for action.”

“It is time to intensify efforts and reframe development finance, strengthen resilience in African economies, and foster economic transformation as a key driver for change in Africa,” the report added.

Charles Abani [left] and Blessed Sogah

Commenting on the report, Charles Abani noted that the UN is collaborating with Ghanaian agencies to avert the impact of these exogenous factors hindering sustainable development.

“We need to ensure that we are investing in things that matter most. We should work more on strengthening Ghana’s institutions and the capacity of Ghanaians,” he stressed.

The United Nations is hopeful the government of Ghana will cooperate with its officials to successfully flesh out the cooperation framework.

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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.



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