LIVESTREAMED: Finance Minister’s statement on Coronavirus economic impact on Ghana

Finance Minister, Ken Ofori-Atta is in Parliament 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.