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Parliament finally approves €20 million Loan

Parliament has approved a 20 million Euro loan agreement between the Government of Ghana and the German Development Bank Group, Frankfurt am Main, to finance the Green Credit Line.

Republic Online by Republic Online
March 24, 2022
in Business, General, Local News, News, Review, Top Stories
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Parliament has approved a 20 million Euro loan agreement between the Government of Ghana and the German Development Bank Group, Frankfurt am Main, to finance the Green Credit Line.

The facility, which is under the Reform and Investment Partnership between the Governments of Ghana and Germany, is expected to help cut down carbon emissions.

On two occasions last week, the House failed to approve the loan due to the lack of quorum. When the motion was put before the House on March 22, 2022, the MP for Ajumako Enyan Esiam, Dr. Cassiel Ato Baah Forson, raised the Minority’s concern about the issue of quorum based on

Articles 102 and 104 of the 1992 Constitution and the recent ruling of the Supreme Court.

The First Deputy Speaker, Joseph Osei-Owusu who presided as Speaker after a headcount, expressed satisfaction with the number of MPs present. He, therefore, put the motion to a voice vote and it was approved.

Minority on loan

According to the GNA, the Speaker’s ruling did not go down well with the Minority side of the House.

MP for South Dayi, Rockson Dafeamekpor, again raised the Minority’s concern with regard to the issue of quorum for decision-making.

He said there were 98 MPs in the Chamber at the time of the headcount and that the House ”failed to meet the requirement of quorum for decision-making”.

Source: GBC
Tags: German Development Bank GroupLoanParliament




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