Sat. May 25th, 2024

$750 Afreximbank loan: Minority reverses course, now in favor of facility approval

By countryghana.com Jul20,2022
MINORITY 2 696x464 1
$750 Afreximbank loan: Minority reverses course, now in favor of facility approval 3

The 750 million dollar Afreximbank loan has caused the minority in parliament to reverse course.

The facility and a 250 million one were destroyed by NDC MPs.

However, they asked the government to disclose the purposes for which the $750 million facility will be used.

The Minority abandoned its opposition after the government provided the Parliament with these specifics.

Cassiel Ato Forson, ranking member of the Finance Committee, stated in a floor speech that the action would enable the country’s foreign reserves to be strengthened in order to prevent a complete collapse of the economy.

The majority leader and Suame MP Osei Kyei-Mensah-Bonsu will be protected from additional threats from his constituents, according to the former deputy finance minister.

Below is the Finance Committee Report on the loan.

Thanks for reading from countryghana.com, a news publishing website from Ghana. You are free to share this story via the various social media platforms and follow us on; FacebookTwitterInstagram etc.

Kindly submit your news stories to  officialcountryghana@gmail.com

Adobe Express 20220719 0650300.33975172258300734 1
$750 Afreximbank loan: Minority reverses course, now in favor of facility approval 4

Related Post