{"id":73570,"date":"2024-05-18T16:25:31","date_gmt":"2024-05-18T16:25:31","guid":{"rendered":"https:\/\/www.africa-press.net\/ghana\/uncategorized\/parliament-approves-150-million-loan-for-garid-project"},"modified":"2024-05-18T17:21:38","modified_gmt":"2024-05-18T17:21:38","slug":"parliament-approves-150-million-loan-for-garid-project","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/ghana\/all-news\/parliament-approves-150-million-loan-for-garid-project","title":{"rendered":"Parliament approves $150 million loan for GARID project"},"content":{"rendered":"

Africa-Press – Ghana. <\/strong><\/span>Parliament on Friday, May 17 approved a loan facility of $150 million from the World Bank.<\/b><\/p>\n

The loan facility is to fund the ongoing Greater Accra Resilient and Integrated Development (GARID) project.<\/p>\n

The Loan was approved despite concerns raised by the Minority in the House.<\/p>\n

Parliament reported that \u201cAfter a heated debate and a head count following a disputed voice vote, the speaker declared the majority MPs having won the vote on the $150 million loan. 137 NPP MPs voted in favour of the loan as against 132 NDC MPs.\u201d<\/p>\n

Prior to the approval, the Minority Leader Dr Cassiel Ato Forson had said on the floor of the House that \u201cHow is the approval of US$150 million loan an urgent issue, when US$200 million for phase one approved by this House has been misapplied and not accounted for?<\/p>\n

\u201cHow is it an urgent matter for Parliament to be summoned from recess to approve a-US$150 million loan agreement at a time that this government is granting questionable US$450 million tax waiver?<\/p>\n

\u201cTherefore, we want to make the point clear that there is no urgent matter before the House to warrant this recall.\u201d<\/p>\n

For More News And Analysis About Ghana<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Ghana. Parliament on Friday, May 17 approved a loan facility of $150 million from the World Bank. The loan facility is to fund the ongoing Greater Accra Resilient and Integrated Development (GARID) project. The Loan was approved despite concerns raised by the Minority in the House. Parliament reported that \u201cAfter a heated debate […]<\/p>\n","protected":false},"author":84,"featured_media":73569,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,7,12],"tags":[5092,5096,429],"class_list":["post-73570","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-head-lines","category-policy","tag-africa-press","tag-africa-press-ghana","tag-ghana"],"yoast_head":"\nParliament approves $150 million loan for GARID project - Ghana<\/title>\n<meta name=\"description\" content=\"Parliament on Friday, May 17 approved a loan facility of $150 million from the World Bank. 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