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Parliament has approved seven loans, one of which is a $200 million loan from the World Bank to finance the Ghana Digital Acceleration Project. The remaining loans include $60.6 million for the Ghana Covid-19 Emergency Preparedness and Response Project, $150 million for the West Africa Food Systems Resilience Programme, €EU170 million for the establishment of the Development Bank of Ghana, $30 million for the Medical Equipment in response to Covid-19, $150 million for the Primary Healthcare Investment Project, and $150 million for the Public Financial Management for Service Delivery Programme.
The lawmakers were recalled from their Easter break to approve these loan facilities. In other news, Ghana and Japan have signed two memorandums of understanding to enhance rice seed production capacity and a human resource development scholarship.
These agreements represent a significant step in the partnership between the two countries, as they aim to leverage their strengths for mutual benefit. During a press briefing after the bilateral talks, President Nana Addo Dankwa Akufo-Addo emphasized the importance of collaboration between Ghana and Japan to address global challenges, such as poverty, migration, terrorism, and climate change, and that Ghana will continue to work closely with Japan to promote peace and security both regionally and globally.
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Source: Omanghana.com
