GHANA?S DEBT DOWN TO $6.1 BILLION
Ghana?s debt stock reduced from $7.1 billion in 2003 to $6.1 billion as of Wednesday, December 15, 2004.
Currently, debt relief enjoyed by the country from her donor partners stands at $1,355 billion.
The Minister of State at the Ministry of Finance and Economic Planning, Dr. Samuel Nii Noi Ashong, made this known in Accra after the signing of a $2.4 million grant agreement between Ghana and China.
Dr. Ashong signed the agreement on behalf of the government, while the Chinese Ambassador of Ghana, Mr. Zhang Keyuan, signed for his government.
The Minister said, the two countries would continue to hold discussions on how to utilise the facility on priority projects they would agree upon later.
This is an equipment which is vital in the management of patients who have sustained chest injuries and are bleeding into the chest cavity as a result of a puncture of the lungs.
It is also used to drain pus from the chest cavity of patients who have pneumonia, tuberculosis, measles and other chest infections.
Until this development, the hospital used to import 2,000 pieces of the product, at the cost of ?524 million annually. It is now being produced at a cost of ?242 million.
The equipment was designed by a team led by Professor Kwabena Frimpong-Boateng, the Chief Executive of KBTH, and manufactured by Continental Plastics, a private firm in Accra.
This was at the board meeting held in London, from November 15 to 17, 2004. Professor Apt was elected unopposed. The Chairperson of the Board is, however, from the United States of America.
HelpAge Ghana is a global network of non-profit organizations with a mission to work with and for disadvantaged older people world-wide to achieve a lasting improvement in the quality of their lives.
The forum was organised by ISODEC, for civil society organizations, regional directors of health, representatives of the Regional House of Chiefs and the Regional Co-ordinating Directors from Northern, Upper East, Upper West and Brong Ahafo regions.
GPHA RELEASES MODALITIES FOR FREE FOR ALL SYSTEM
The Ghana Ports and Harbours Authority (GPHA), has released modalities and procedural policies to ensure the smooth implementation of competitive stevedoring operations, scheduled to re-start at the Tema and Takoradi ports from January 1, 2005.
The ?Free For All System?, which would replace the quota system, would allow ship owners and their agents choose any of the nine stevedoring companies to load and or unload their cargo, without any company being imposed on them.
The Director of Ports, GPHA, Mr. Gordon Anim, said the modalities covered issues such as tariffs, royalties, performance monitoring mechanisms and punitive measures against long berth occupancy.
He said, GPHA had invested in equipment, spare parts and training of staff to strategically position itself to thrive in the competitive era.
HOUSE APPROVES $21.4 MILLION FOR POLICE
Parliament last Friday approved a suppliers credit agreement of $21.4 million from the Paramount Logistics Corporation of South Africa to procure aircraft, vehicles and protective equipment to enhance the work of the police.
The credit facility, which is to support the first phase of a programme to improve upon the operational efficiency of the Police Service, involves the purchase of four observer aircraft, and two helicopters to assist the rapid transportation of security personnel in emergency situations.
Other equipment under the programme are seven amoured patrol vehicles fitted with VHF and HF communication and video cameras, five amoured carriers, 25 Scorpio Station Wagons, 50 Bolero Station wagon vehicles and pistols. The protective clothing would include anti-riot shields, bullet proof shields and vests.