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A cedi equivalent of $100 million earmaked to fight against COVID-19 in Ghana has been exhausted, government officials has confirmed.
This was disclosed by Health Minister-designate Kwaku Agyeman-Manu when he appeared before Parliament’s Vetting Committee on Wednesday, February 10.
He however says a $120 million loan facility from the World Bank meant to help the fight against the virus is about maturing.
“The Ministry of Health initially got $100 million allocation to spend on COVID-19. That amount has been exhausted, and we have got another money that is just about to mature for the Ministry to utilize which is about $120 million from the World Bank, and it is a loan”, the CNR quoted the Minister-designate as saying.
Delivering an address to the nation on Wednesday, 11th March, 2020, the President Akufo-Addo said he had directed then Finance Minister Ken Ofori-Attah to make available an amount of $100 million to enhance Ghana’s Coronavirus preparedness and response plan.
This amount, according to President Akufo-Addo, “is to fund expansion of infrastructure, purchase of materials and equipment, and public education.”
But at some point, the Minority side in Parliament had questioned the availability and source of the funds.
Source: Daily Mail GH with additional files from CNR