Germany has given Ghana a grant of €100 million

Germany has given Ghana a grant of €100 million

-President Nana Akufo-Addo has secured a €100 million grant from Germany.

-Finance minister, Ken Ofori Atta believes the grant was released due to the new confidence the foreign community has in Ghana

-The president is currently on international assignments that would take him to Belgium, USA and Germany

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On Sunday during sidelines at the G20 African Partnership Conferrence held in Berlin, President Akufo-Addo announced to the Ghanaian community resident in Germany that his government has been able to secure a grant of €100 million.

Akufo-Addo bags €100 million for Ghana

President Nana Akufo-Addo

In an interview on Sunday, the finance minister, Ken Ofori-Atta revealved that before the assumption of the NPP into power, the previous governments had not received the invitation to be part to the G20 African Partnership Conferernce. He indicated that the fact that Ghana was considered for the grant was because of the indications that Ghana was back on the path of bright prospects

He said that the Akufo-Addo administration is on the path to take Ghana to its glory days; the reason for the heightened confidence in the country.

He indicated that the government that he is part of is dedicated to fix the broken economy bequeath to them by the John Mahama administration.

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Among all the reasons the finance minister attributed to Ghana’s selection for the grant, he highlighted the fact that Ghana was found in good standing when a re-profiling of the country’s current debt was done.

The president is on international assignment attending the United Nation’s Advocacy Group of Eminent Personalities on the UN 2030 Sustainable Development Goals in Belgium and in USA. He would later attend the G20 Partnership for Africa in Germany.

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The finance minister said it was because of the contributions Akufo-Addo is making to build Ghana up as one of the reasons why Germany selected Ghana as part of the beneficiaries of the grant.

Ghana is one of the three African Nations that has their Heads of States attending the G20 summit in Germany.

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