Business News of Saturday, 18 January 2020Source: ghananewsagency.orgGhana and World Bank sign $570 million agreementThe agreement is aimed at transforming the economy, education and fight sanitationGhana and the World Bank on Friday signed four agreements, totaling nearly $570 million aimed to transform the economy, boost education, improve sanitation and fight flooding in Accra as well as reduce forest losses. Out of the total commitment for the four projects, $557 million is in loans and just over $12 million in grants. The final project is the Additional Financing for the Ghana Forest Investment Programme, which is a $12.4 million grant and $7 million loan project. Finance Minister Mr Ken Ofori-Atta and Mr Pierre Laporte, the World Bank Country signed the deal on behalf of Ghana and the World Bank respectively. The World Bank is committed to strengthen our partnership even further going forward,” he said.

Source: GhanaWeb January 18, 2020 01:07 UTC