Ghana now has the $100m Akufo-Addo promised to fight coronavirus with - Ofori-Atta
- Ken Ofori-Atta has revealed that Ghana’s $100 million, request from international donors, to fund the COVID-19 has arrived
- The money is expected to fund the expansion of infrastructure, purchase of materials and equipment, and public education
- He made this known while on the effects of the global health crisis on Ghana’s economy
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The Minister of Finance, Ken Ofori-Atta has revealed that Ghana’s $100 million, request from international donors, to fund the COVID-19 has arrived.
According to him, the money is expected to fund the expansion of infrastructure, purchase of materials and equipment, and public education
Speaking on the floor of Parliament, he made this known while on the effects of the global health crisis on Ghana’s economy.
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The government of Ghana earlier revealed that it had made available $100 million for the fight against the deadly coronavirus in the country.
President Nana Akufo-Addo opined that he had directed the Finance Minister, Ken Ofori-Atta to release the Cedi equivalent of $100 million to boost the country’s measures and preparedness against the Covid-19 illness.
“… is to fund expansion of infrastructure, purchase of materials and equipment, and public education,” Nana Addo said when he addressed the country.
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Meanwhile, the International Monetary Fund (IMF) acknowledged receipt of Ghana’s request for financial support to deal with the coronavirus.
On Tuesday, March 24, 2020, IMF’s African Department Director, Abebe Aemro, revealed that Ghana has requested for a Rapid Credit Facility (RCF) to help deal with the economic effects of the outbreak.
Abebe noted that the IMF is currently evaluating the request and would soon present it before the Executive Board for consideration.
READ ALSO: Nana Addo sets up COVID-19 fund; pledges 3 months salary as seed money
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Source: YEN.com.gh
