Bartels' 150,000 houses can't take off

The 150,000 high-rise-low cost apartment housing which the Hon. Kwamena Bartels, Minister of works and Housing dreams about may not become a reality, according to The Ghanaian Voice.

For now, the dream has been put on hold as Parliament under promptings from the IMF has deferred the loan.

Another loan agreements between the Republic and Messrs Hydro consult Bartislava for an amount of US$102 million to finance Housing and Water delivery in Ghana have also been rejected or in Parliamentary parlance deferred.

The Voice says it was told by Parliamentary sources that the agreement could not cross the finishing line because of certain question marks on the loans, which the IMF was not satisfied with.

These deferments were done against the backdrop of other loan agreements being granted by Parliament for some other ministries.