Ken Ofori Atta Secures $28 Million Loan To Buy Car For MPs Of 8th Parliament

Ministry of Finance is set to secure $28 million to buy cars for the current ministers of the 8th parliament of the 4th Republic.

The Minister for Finance, Mr. Ken Ofori-Atta, has presented a loan agreement for $28 million to Parliament for the purchase of 275 vehicles for members of the 8th Parliament.

Read also: First Co-Joined Twins Separated In Ghana Reacts To The News Of Co-Joined Twins In Ridge Hospital

According to the papers presented to Parliament, the loan will be sourced from the National Investment Bank, NIB.Based on the amount and the number of individuals involved, each MP is expected to receive over $100,000 for the purchase of a vehicle.

The Finance Committee of the House is expected to consider the loan agreement and report to the house.

Meanwhile, Parliament on Tuesday, July 6, 2021, also approved $200 million additional funds from the World Bank for Ghana’s COVID-19 response programme.

The funds will be channelled towards the procurement of vaccines and other activities to strengthen the country’s health system

post by: Kovey Mawuli for
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