Business News of Sunday, 31 March 2013

Source: XYZ

US$150m from World Bank to solve Accra's water crisis

The Accra Metropolitan Assembly (AMA) will benefit from a US$150 million grant from the World Bank toward helping improve Ghana’s water supply and sanitation services, particularly in the national capital.

City authorities are expected to use the grant to solve most of the problems bedeviling water and sanitation services in Accra. The package forms part of the World body’s commitment toward the improvement of urban areas and cities.

Country Director Yusupha Crookes said the World Bank will support the implementation of the national urban development policy and action plan launched by the government.

“In the next few weeks...we plan and we hope to deliver US$150 million programme of support to the Accra Metropolitan area to help to address, in a small, but I hope, a very impactful and significant way, the very pressing challenges in delivering sanitation and water services”.

Ghana is currently rationing water nationwide due to an acute shortfall in production.

It is expected that such grants from the World Bank will go a long way toward mitigating the impact of the shortfall in production.