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Parliament's $250 million loan Rejection
Jul 31 2024
Length: 11 mins
Podcast

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Parliament's $250 million loan Rejection

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Summary
Parliament has rejected a $250 million loan for the Ghana Energy Sector Recovery Programme. The financing agreement is between government and the International Development Association (IDA) of the World Bank Group. The objective of the loan is to provide funding for the ESRP to support specific activities aimed at reducing the costs of electricity purchases and increasing revenue collection of the distribution utilities.

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Politics & Government

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