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News HeadlineParliament gives green light for a $150m loan for GARID project

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Parliament gives green light for a $150m loan for GARID project

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Despite opposition from the minority caucus, Parliament has granted approval for a $150 million loan from the World Bank for the ongoing Greater Accra Resilient and Integrated Development (GARID) project, aimed at mitigating flooding issues in the capital.

The minority argued against approving the loan, citing mishandling of a previous $200 million loan for the GARID project by the government.

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However, following a headcount vote in favor of the majority caucus, the loan facility was ultimately approved by the House.

Meanwhile, Emmanuel Bedzrah, a member of the Works and Housing Committee, expressed his concerns, stating, “If the whole Odaw [river] has not been drained for two years and $200 million has been allocated and the Odaw river has not been drained or desilted or dredged I don’t see why we need additional 150million again.

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