Wednesday, 1 August 2018

Government justifies $2bn infrastructure agreement


Government has defended the two (2) billion dollar infrastructure agreement it entered into with Sinohydro Corporation Limited for the construction of priority projects.

The government insisted the arrangement is a barter facility and not a loan as the public were made to believe.

The Minority in Parliament opposed the two (2) billion dollar infrastructure arrangement saying it is a loan and until government declared it as such, they would not support it.

Deputy Minister for Information, Mr. Oppong Nkrumah made the justification at a news conference in Accra where he threw more light on the agreement.


He noted that the objective of the facility is to improve infrastructure projects such as hospitals, bridges, interchanges, roads, affordable housing and fishing landing sites in line with government's development agenda.







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