News:
August 8, 2018
The Chairman of the Finance Committee of Parliament, Dr. Mark Assibey-Yeboah has stated that Parliamentary approval of €47m facility for the completion of Phase II of the University of Ghana Medical Center will enable the hospital to become fully operational with all the departments being functional and all services being provided.
Dr Assibey-Yeboah who said this when he presented the Committee’s report on the loan facility on the floor stated that government will take over the payment of the loan facility for the UGMC project.
According to him, the Deputy Minister for Finance, Abena Osei-Asare informed the Committee that the loans will be repaid from the Central Government Debt Service Account and that there will be no on-lending agreement with the University of Ghana.
Parliament approved the ASHRA Export Credit Facility agreement between the Government of the Republic of Ghana and Bank of Hapoalim B. M. for an amount of up to €40,643,000.00 and a Tied Commercial facility agreement in the amount of €6,520,000.00 between the Government of the Republic of Ghana and Bank of Hapoalim B. M.
By Christian Kpesese/ ghanamps.com