News:
July 21, 2017
Deputy minority leader James Klutse Avedzi has expressed doubts about government ability to secure a $15 billion credit facility from the Chinese government to implement its flagship campaign promises.
He also expressed surprised to see government run to China for the facility which he said was in total ad variance to the NPP`s stance on loans during the electioneering period.
The Ketu North Member of Parliament says he does not believe the deal would come to pass judging by attempts by the previous NDC administration to secure just $ 3billion facility was not successful.
He however stated that the minority is keenly waiting for terms of the agreement between Ghana and China in order to have an informed position on the announcement by the Vice President Dr Mahamadu Bawumia.
‘We would like to know what kind of facility, if it’s commercial loan, credit, and purpose of facility to make an inform decision’’ he stated.
Mr Avedzi cautioned government to hasten slowly is raising the hopes of Ghanaians on the deal.
He explained that such deals take a minimum of two years to realize hence the need to tread cautiously.