Member of communication team of the National Democratic Congress (NDC), Elikem Kotoko, has commented that he don’t want to believe that the remaining $35m out of the $750m Afriexim loan will be used as a transactional advise payment to Databank or a linked to Ken-Ofori-Atta.
In a post shared on his official Facebook page on Saturday, 27th August 2022, he wrote;
“The $750m Afriexim bank facility that government of Ghana is expecting has landed. Information has it that only $715m landed in the account.
What happened to the remaining $35m, I don’t want to believe it will be termed transactional advise payment to Databank or a linked to Finance Minister, Ken Ofori-Atta.”
Elikem Kotoko quizzed that why do we have all those experts at the Ministry and yet keep looking out for advise?
Background
The comments of Elikem comes as a background to $750 million dollars loan which Bank of Ghana has recieved.The loan is expected to finance capital and growth-related expenditures in the 2022 Budget.
According to experts, it will also give a big boost to the local currency, by helping to stabilize the cedi, which has been under serious depreciation pressure this month, especially.
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