Government has laid before parliament a request for approval of a $35 million agreement with the World Bank to support Ghana’s efforts to deal with spread of the Coronavirus.
The document put before the House is a financing agreement between the Ghana government and International Development Association for an amount of $35.
This is to finance Ghana's Covid-19 emergency preparedness and response project.
Speaker Prof. Mike Ocquaye on Saturday referred the agreement to the Finance Committee of Parliament for consideration and approval.
President Akufo-Addo earlier this month disclosed he has directed the release of $100 million to support various aspects of the economy survive the impact of the Covid-19 virus.
Finance Minister, Ken Ofori-Atta, subsequently told Parliament government was seeking to tap into a $12 billion World Bank Group fast track coronavirus facility, and a $10 billion IMF facility to address the coronavirus through Rapid Credit Facility.
Meanwhile, the Finance Minister is expected on the Floor of Parliament on Monday to brief MPs on other measures being taken to cushion the economy.
Latest Stories
-
Coconut Grove Beach Resort marks 30 years of excellence with memorable 9 lessons & carols service
5 minutes -
WAFU B U-17 Girls’ Cup: Black Maidens beat Nigeria on penalties to win inaugral tournament
51 minutes -
Real Madrid beat Sevilla to keep pressure on leaders Atletico
2 hours -
Liverpool put six past Spurs to go four points clear
2 hours -
Manchester United lose 3-0 at home to Bournemouth yet again
2 hours -
CHAN 2024Q: ‘It’s still an open game’ – Didi on Ghana’s draw with Nigeria
2 hours -
CHAN 2024Q: Ghana’s Black Galaxies held by Nigeria in first-leg tie
3 hours -
Dr Nduom hopeful defunct GN bank will be restored under Mahama administration
4 hours -
Bridget Bonnie celebrates NDC Victory, champions hope for women and youth
4 hours -
Shamima Muslim urges youth to lead Ghana’s renewal at 18Plus4NDC anniversary
5 hours -
Akufo-Addo condemns post-election violence, blames NDC
5 hours -
DAMC, Free Food Company, to distribute 10,000 packs of food to street kids
6 hours -
Kwame Boafo Akuffo: Court ruling on re-collation flawed
7 hours -
Samuel Yaw Adusei: The strategist behind NDC’s electoral security in Ashanti region
7 hours -
I’m confident posterity will judge my performance well – Akufo-Addo
7 hours