| |
 |
| |
SPONSORSHIP AD HERE |
|
 |
|
|
News |
Friday, March 11, 2016 |
|
|
World Bank
promises US$ 1.2 billion loan to Ghana
Audrey Micah, Ghanadot
Accra, March 13, Ghanadot - Ghana is to receive up to US$1.2
billion in interest-free loans from the World Bank over next
three years. The announcement came as the World Bank’s Vice
President for Africa, Obiageli Ezekwesili, wrapped up a
three-day visit to Ghana.
According to the Bank’s Country Director for Ghana, Ishac
Diwan, the target sectors for this future lending, are water
and sanitation, agriculture and fisheries, energy, natural
resource management, transport and budget support.
The Bank point out to its willingness to support the
newly-elected Ghanaian government in any way possible to
reduce the impact of the global financial crunch and
economic crisis.
Ms Ezekwesili who was also part of the delegates who visited
President Mills, discussed issues flanking on natural
resource management as a key factor of macroeconomic policy.
She expressed optimism that the countries macroeconomic
challenges could be overcome if transparency is ensured in
economic management.
Ms Ezekwesili recalled her earlier visit to Ghana, saying,
“it is obvious that government and people of this country
have been making tremendous efforts to lift themselves and
future generations out of the vicious cycle of poverty and
hardship.
"However, the impact of the current global financial crisis
on Ghana calls for macroeconomic measures that would ensure
that the growth that Ghana has enjoyed over the past decade
and more is not negatively affected, but is rather sustained
to help improve the standard of living of the people.”
During the visit, the Bank, in collaboration with a group of
civil society organizations launched a new Social
Accountability Initiative to monitor Bank-financed projects
and programs of their choice. Three umbrella organizations –
National Coalition of NGOs in Waste Management (NACONWAM),
Coalition of NGOs in Water and Sanitation (CONIWAS) and a
group led by the Integrated Social Development Center (ISODEC)
– decided to monitor the Second Urban Environmental
Sanitation Project (for NACONWAM), the Urban Water Project
(for CONIWAS) and the Poverty Reduction Support Credits (for
ISODEC).
The President assured the World Bank that transparency in
his government was assured and expressed his appreciation
for their support to the country over the years.
Ghanadot
|
|
 |
 |
 |
Impact of
global economic crisis: ISSER paints gloomy picture
Accra, March 12, Ghanadot/GNA – The Institute
of Statistical, Social and Economic Research (ISSER) of the
University of Ghana, on Wednesday said the global
economic crisis was fast taking a toll on Ghana’s export
earnings
...More |
|
|
World Bank promises US$
1.2 billion loan to Ghana
Accra, March 13, Ghanadot - Ghana is to
receive up to US$1.2 billion in interest-free
loans from the World Bank over next three years.
The announcement came as the World Bank’s Vice
President for Africa, Obiageli Ezekwesili,
wrapped up a three-day visit to Ghana.
....More |
|
|
|
|
Government to battle poor sanitation
in the country
Accra, March 11, Ghanadot - Vice President of Ghana ,
H.E. John Dramani Mahama has indicated that a ban on the use
of non-degradable plastics could be in the cards as part of
the measures aimed to stem Ghana ’s increasing waste
management difficulties. ....More
|
|
|
Ghana’s coming
oil boom
Accra, March 11, Ghanadot - “Oil can often prove the undoing
of many nations. Ghana is at the threshold of great things
in the oil industry. Let us approach the find with sobriety. ” These are the words of former
President of Ghana, H.E. John Agyekum Kufuor....More
|
|
|
|
|
| |
SPONSORSHIP AD HERE |
|
|
|
|
|
