Audio By Carbonatix
World Bank Country Director, Ishac Diwan has expressed some disquiet about the Government of Ghana’s investment in the STX housing project.
He believes the government should have listened more to the sentiments of the public against the deal.
Parliament approved the agreement for the construction of some 30,000 housing units at the cost of 1.5 billion dollars for the security forces after a protracted and acrimonious debate.
Though Mr. Diwan is generally impressed with the performance of the economy in 2010, he says the debate regarding the STX deal could have been handled better.
He was speaking to Joy Business about his assessment of economic events for this year.
He said the year 2010 was one in which “some of our very ambitious projects that were in gestation for many years started to come to fruition – support for agriculture, capacity building for oil, support for decentralization.”
He said the year was a very good one but added his low point was the debate on the controversial STX housing deal.
“Even though I saw the beginning of a good debate on the STX deal, I think that it could have been richer and the government could have listened more to the population. Is this where you want to put a billion and a half [dollars]?
Source: Joy Business/Ghana
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
-
Kasoa Market redevelopment not politically motivated – Queenstar Sawyerr
9 minutes -
New Black Stars coach to be named today – Sports Minister
13 minutes -
Eduwatch urges GES to publish district recruitment quotas for transparency
17 minutes -
Asokore-Mampong Assembly bans foreigners from riding ‘Adedeta’
21 minutes -
Nyansuaka chiefs, people urge gov’t to improve roads
27 minutes -
Health Ministry seeks Ga State support for free healthcare rollout
31 minutes -
Ghana losing culture of caring for aged- Philanthropist laments
35 minutes -
UN names Ghana’s Anita Gbeho Head of Mission in South Sudan
39 minutes -
Gov’t could lose nearly GH¢500m a month for every GH¢1 cut from fuel taxes
41 minutes -
Sissala East MP commits funds to boost healthcare infrastructure
45 minutes -
Awutu-Senya West MP offers GH¢150k scholarship to 100 tertiary students
50 minutes -
NADMO to demolish structures on waterways in Central Region
56 minutes -
Purchasing Clerk says cocoa farmers are threatening his life
1 hour -
Traders declare nationwide strike today over AI Customs valuation system
1 hour -
Total petroleum product consumption hits 17.5 billion litres in 2025
2 hours