Some Members of Parliament are beginning to worry over how to pay back the car loans which was advanced to them two years ago. The MP’s are even more worried as they do not know their fate in the coming Parliamentary elections. With just a year to go, some of them are expressing doubts on whether they will be able to pay their debts before their tenure of office ends.
The Ministry of Finance guaranteed the car loans of a minimum of 20,000 dollars to almost all the members of the House with the surety that they repay the loans before their term of office ends. But the MP’s say their 300-dollar monthly salary is not enough for the amount of money deducted to recover the loan in four years.
The Minority Chief Whip, Edward Doe Adjaho, told Joy FM that the MPs expected salary adjustments during their tenure, hence their decision to assess the loans. But the situation as it is now, is a big source worry to most of his colleagues.
“It is my view that at this 300 dollars, I don’t see how we can pay … Unless some adjustments are made to our salaries, I don’t know how we can liquidate the debt”, he noted.
According to Joy FM sources in Parliament, the Speaker of Parliament, Peter Ala Adjetey, has written twice to the President about the constitutional provision that calls for a committee to look into the salary structure of the MP’s to enable them to make reasonable provisions for their loans. But the office of the President has not responded as yet.
Some Members of Parliament are beginning to worry over how to pay back the car loans which was advanced to them two years ago. The MP’s are even more worried as they do not know their fate in the coming Parliamentary elections. With just a year to go, some of them are expressing doubts on whether they will be able to pay their debts before their tenure of office ends.
The Ministry of Finance guaranteed the car loans of a minimum of 20,000 dollars to almost all the members of the House with the surety that they repay the loans before their term of office ends. But the MP’s say their 300-dollar monthly salary is not enough for the amount of money deducted to recover the loan in four years.
The Minority Chief Whip, Edward Doe Adjaho, told Joy FM that the MPs expected salary adjustments during their tenure, hence their decision to assess the loans. But the situation as it is now, is a big source worry to most of his colleagues.
“It is my view that at this 300 dollars, I don’t see how we can pay … Unless some adjustments are made to our salaries, I don’t know how we can liquidate the debt”, he noted.
According to Joy FM sources in Parliament, the Speaker of Parliament, Peter Ala Adjetey, has written twice to the President about the constitutional provision that calls for a committee to look into the salary structure of the MP’s to enable them to make reasonable provisions for their loans. But the office of the President has not responded as yet.
