Ghana’s Parliament has approved a $750 million loan agreement as part of a $1 billion dollar plan to fund infrastructure projects across the country and increase the reserve.
It was approved on Wednesday, July 20, according to Courage Komla Kluste, TV3’s Parliamentary Correspondent.
The Minority charged the government with duplicating projects funded by the loan agreement.
Kwame Governs Agbodza, Ranking Member of the Roads and Transport Committee, has asked the Finance Minister and the Roads Ministry to clarify the components of the loan before it is approved.
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“We have noticed some projects being duplicated in the agreement. We do not believe this is right and we will not encourage it. We want some clarifications. The real problem in the Eastern corridor is the Oti-Damongo session, which the Chinese have failed to deliver, and we are encouraging the Minister for Roads and Highways to terminate the contract and reward it.”
“If we have any resources, we should be setting aside some money for the new contractor to complete the session… We believe that the breakdown is not satisfactory. We are not necessarily opposed to the $750 million.
“We only want to get things clearer.” The information we have gathered so far is too limited, “Mr. Agbodza told journalists in Parliament on Wednesday, July 20.
