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Business News of Friday, 14 November 2003

Source: Times

House Approves Govt's Revised Economic Policy

Parliament yesterday approved the economic policy of government for the 2003 financial year as subsequently revised for the rest of the year.

The conclusion of the debate on the issue was heated with Dr. Kwabena Agyei, (NDC Biakoye) and the Member for Berekum, Capt. Nkrabea Effah-Dartey (rtd) being the main protagonists.

It all began when Dr. Agyei in his contribution, noted that there was discrimination in the development of the country.

He said HIPC and other funds meant for development were not being used in the Volta Region but only in some parts of the country.

This drew sharp criticisms from Capt. Effah-Dartey, who countered it by saying that funds had gone to the Volta Region just like any other part of the country for the building of roads and the supply of electricity.

He contended that Dr. Agyei was either ignorant or that the funds sent to that region were not judiciously used by the authorities there.