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General News of Monday, 30 March 2020

Source: www.ghanaweb.com

LIVE UPDATES: Finance Minister briefs parliament on Coronavirus economic impact on Ghana

Finance Minister, Ken Ofori-Atta is in Parliament today, March 30, 2020 to brief the House on measures the government has adopted to sustain the economy, following the disruption caused by the coronavirus pandemic.

Parliament received a request from the government on Saturday to approve an agreement with the World Bank for an amount of $35 million to support its operations in dealing with the pandemic.

The proposed agreement is between the Government of Ghana and the International Development Association (IDA), a subsidiary of the World Bank.

President Nana Addo Dankwa Akufo-Addo on Friday directed the Finance minister to prepare a coronavirus alleviation programme to address the disruption in economic activities following the scourge of the COVID-19 pandemic for approval by parliament.

The Finance Minister is required to make a minimum of 1 billion cedis available to households and businesses, particularly small and medium scale enterprises.