Business News of Tuesday, 1 June 2021Source: www.ghanaweb.comGhana has secured a €170 million facility for the establishment of the National Development Bank• Government says the loan will not be paid by the taxpayer, but the institution itself. “If you look at the way things have been done, everything will be taken on by the National Development Bank. This is a concessional facility, and the bank can surely pay for everything,” he said on Joy News’ PM Express programme. In 2017, the Nana Addo Dankwa Akufo-Addo-led government hinted it will establish a National Development Bank. He continued, “Government is also working closely, World Bank so they can institute the needed structures that one can all world-class development bank in Ghana.”

Source: GhanaWeb June 01, 2021 15:22 UTC