$300 million World Bank loan hits BOG account
The 300 million dollar World Bank facility to support some projects in 2024 has finally been credited to the Bank of Ghana’s (BoG) account. This was after Ghana met all the necessary conditions, including Cabinet and Parliament’s approval to facilitate the transfer of the funds to the country. The Bank of Ghana is expected to […]
ISSER cautions government to suppress appetite for high-interest loans
The Institute of Statistical Social and Economic Research (ISSER), has cautioned the Government to suppress its appetite for high-interest loans. Professor Peter Quartey, Director, ISSER, noted that Ghana’s ongoing US$3 billion loan-support programme with the International Monetary Fund (IMF) could soon position the country to access loans on the capital market. He said this in […]
About $56.8 million loan for National Affordable Housing Programme laid before Parliament
The EPC/Turnkey contract agreement between the Government of Ghana and Douja Promotion Groupe Addoha for an amount of $56.8 million to finance the implementation of the National Affordable Housing Programme and the Revised Redevelopment Scheme, has been laid before Parliament. Mr Joseph Osei-Owusu, the First Deputy Speaker, presiding, referred the loan agreement to the Committee […]
