Minority Advises Govt To Pull Brakes On $1bn Syndicated Loan Agreement - News Summed Up

Minority Advises Govt To Pull Brakes On $1bn Syndicated Loan Agreement


The Minority in Parliament has warned the Nana Addo Dankwa Akufo-Addo-led government to desist from moving further in getting the House to approve a 1 billion dollar syndicated loan. “I think that both the Majority and Minority must do the needful and ask the Finance Minister to withdraw this request. “In view of the above, we in the NDC cannot lend support to the 1 billion syndicated loan agreement. The Finance Ministry is seeking Parliament’s approval for a 750 million dollar loan facility agreement between AfreximBank and a 250 million dollar loan agreement from a syndication of banks to finance Capital and Growth-related expenditures in the 2022 budget. Please report any inappropriate content to us, and we will evaluate it as a matter of priority.


Source: GhanaWeb July 08, 2022 11:35 UTC



Loading...
Loading...
  

Loading...

                           
/* -------------------------- overlay advertisemnt -------------------------- */