Government has secured a loan of 165.2 million Ghana Cedis for the procurement of 275 vehicles for members of the 8th Parliament.
The Minister for Finance, Mr. Ken Ofori-Atta, presented the loan agreement to Parliament for their approval.
In addition to the purchase of the new vehicles to be approved by the parliamentarians, the Finance Minister also tabled the proposal for the approval of $200 million additional funds from the World Bank for the government of Ghana.
The funds will be channeled towards the procurement of vaccines and other activities to strengthen the country’s health system.
Each member of Parliament is expected to receive US$100,000 or 590,000 cedis for the car purchase.
According to the papers presented to Parliament, the loan will be sourced from the National Investment Bank, NIB.
The move is to enable the lawmakers acquire brand new vehicles to facilitate their work as some MPs have to commute long distances to their various constituencies and back to Accra weekly.
