The Speaker of Parliament, Alban Bagbin, has placed a moratorium on the approval of a 75 million euro loan for COVID-19 Response contracted from the European Investment Bank by the Government of Ghana.
The Speaker says this will be in place until the Minister for Finance accounts for the utilization of funds approved so far for government.
“The Ministry of Finance must give an account of all the monies that it has gotten for the management of COVID-19. Only after that will this house consider approving or otherwise another loan.”
He made the remarks in Parliament when the motion for the loan was tabled in the house.
Mr. Bagbin also summoned the Finance Minister, Ken Ofori-Atta, to account for all monies utilised during the peak of the COVID-19 pandemic.
“I direct that the Minister of Finance appears before this House to account for all the monies that were approved for the utilisation of the covid pandemic.”
