
Ghana's finance Minister Seth Terkper says the 3 billion dollar loan from the China Development Bank hasn't stalled.
He maintains the facility is still being disbursed to Ghana.
President Mahama recently told the Chinese Government to expedite disbursement of the loan.
About 600 million dollars has so far been released to the Government of Ghana.
Much of that money has been used on Ghana's gas infrastructure in the Western region.
Mr Terpker has also allayed fears that Ghana is paying commitment fees for the loan despite its non-disbursement.
According to him, Government only pays commitment fees based on non-performance or as a result of some confusion that may have arisen concerning the facility.


Fire Service rescues trapped victim after STC Bus, Taxi collision at Konongo
Private SHSs in Free SHS pilot programme demand payment of outstanding governmen...
Police foil planned robbery, recover weapons at Kukuom
A 53-year-old mechanic remanded for allegedly stabbing another over car battery ...
Asiedu Nketiah urges IGP to speed up justice for victims of election 2024 killin...
Each family receives GH¢15,000 support after Accra Police Barracks Fire
Mussa Dankwah urges ministers to focus on performance amid MoFA–finance minister...
Selling single cigarette sticks illegal – FDA
Hungry, unhealthy workforce cannot protect nation’s health – GRNMA
Health Minister orders suspension of KATH CEO over Emergency admissions directiv...

Comments
How much have you borrowed since 2009? Almost $30 billion. and where is that money ????? Useless government.