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Authorities requests parliamentary acceptance for $35m from Earth Lender to support coronavirus fight

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Federal government has laid right before parliament a ask for for approval of a $35 million arrangement with the Globe Financial institution to support Ghana’s initiatives to offer with unfold of the Coronavirus.

The document put in advance of the Property is a financing settlement between the Ghana federal government and International Advancement Affiliation for an total of $35.

This is to finance Ghana’s Covid-19 emergency preparedness and response challenge.

Speaker Prof. Mike Ocquaye on Saturday referred the settlement to the Finance Committee of Parliament for thing to consider and acceptance.

President Akufo-Addo before this thirty day period disclosed he has directed the release of $100 million to aid different features of the economic system endure the influence of the Covid-19 virus.

Finance Minister, Ken Ofori-Atta, subsequently advised Parliament authorities was trying to find to faucet into a $12 billion Planet Lender Team speedy monitor coronavirus facility, and a $10 billion IMF facility to deal with the coronavirus as a result of Immediate Credit score Facility.

Meanwhile, the Finance Minister is predicted on the Floor of Parliament on Monday to quick MPs on other steps being taken to cushion the economic system.



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