Published
4 years agoon
By
Joe Pee
The Minister for Finance, Mr. Ken Ofori-Atta, has presented a loan agreement for $28 million to Parliament for the purchase of 275 vehicles for members of the 8th Parliament.
According to the papers presented to Parliament, the loan will be sourced from the National Investment Bank, NIB.
Based on the amount and the number of individuals involved, each MP is expected to receive over $100,000 for the purchase of a vehicle.
The Finance Committee of the House is expected to consider the loan agreement and report to the house.
Meanwhile, Parliament on Tuesday, July 6, 2021, also approved $200 million additional funds from the World Bank for Ghana’s COVID-19 response programme.
The funds will be channelled towards the procurement of vaccines and other activities to strengthen the country’s health system.
Mahama Vows to Usher in Era of Fiscal Discipline and National Renewal
Elon Musk changes his name to Kekius Maximus on X
Mahama Calls for Unity Among Political Parties to Drive Ghana’s Renaissance
President-elect Mahama Rallies NDC Supporters: “Pray Harder for Ghana’s Transformation”
Ghana’s Economy on the Rise: President Akufo-Addo Highlights Robust Growth in 2024
EC Declares Final Verdict in Dome Kwabenya: Faustina Akurugu Elikplim Clinches Victory Amid Controversy
Thousands displaced as post-election unrest grips Mozambique
Former Black Stars Player Samuel Inkoom Faces Court Over Alleged Visa Fraud
Stonebwoy and Samini Mend Ties with Emotional Reunion at 3FM All White Party