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
-
Farmerline, others support farmers in Weta and Avalavi following flood devastations
29 minutes -
Yara Ghana introduces two crop-Specific fertiliser solutions to improve farmers’ yields
30 minutes -
Asiedu Nketia’s lead fuelled by NPP support; Ato Forson holds edge among floating voters — Mussa Dankwah
33 minutes -
Chief of Staff urges lifelong learning after earning doctorate
34 minutes -
First-time contenders Enyan Denkyira SHTS snatches final Central region ticket to qualify for nationals
42 minutes -
Cape Verde’s Lopes Cabral’s goal wins Goal of the Tournament at 2026 World Cup
50 minutes -
GWL MD inspects water plants as GH¢8.4m GoldBod rehabilitation project begins
1 hour -
Chief of Staff credits family, mentors and Kwahu traditional leaders for successful PhD journey
1 hour -
No court sittings in Greater Accra on July 28 and 31 as Judiciary marks Supreme Court’s 150th anniversary
1 hour -
Illegal miners operate near Mpohor Fiase police station as communities plead for gov’t intervention
1 hour -
Foreign Affairs Ministry approves 623 free passport replacements for June 29 flood victims
1 hour -
Vice President urges Ghanaian diaspora to invest in value addition, help transform economy
1 hour -
NPP’s ‘future is pregnant’ slogan doesn’t scare us — NEIP CEO
1 hour -
GIADEC dismisses reports linking Ibrahim Mahama to VALCO acquisition
1 hour -
272 Ghanaians recruited into Russia-Ukraine war since 2022, about 55 dead – Ablakwa
1 hour