Parliament has approved a $750 million loan requested by the Finance Ministry.

This was after the Chairman of the Finance Committee, Kwaku Kwarteng laid the motion for approval.

According to him, the loan will help the government raise the needed funds to complete the infrastructural projects in the 2022 budget. 

“Mr. Speaker having carefully examined the agreement which forms part of government’s programme aimed at raising funds for infrastructural projects in the 2022 budget, I will accordingly urge this House to approve this facility in order that Ghanaians may reap the benefits the facility will bring.”

His move was seconded by the Vice Chairman of the Committee, Patrick Boamah.