A report gathered by Pinaxnews.com indicates that it is not just parliamentarians will be getting the vehicle loan, yet additionally Council of State individuals.
As indicated by a distribution by Citinewsroom.com, Finance Minister, Ken Ofori-Atta didn’t just table before parliament the $28 million advance loan for vehicles for Members of Parliament, yet additionally introduced to the House a $3.5 million credit facility for vehicles for Council of State individuals.
As per the report, Government is looking for endorsement to get the loan facility from the National Investment Bank for the drive. The site additionally reports that recipients of the $3.5 million dollar loan are relied upon to reimburse 40% of the principal measure of the advance, while the public authority of Ghana will pay 60%.
Per the archive, the MPs will likewise deal with just 40% of the total amount, while the public authority will bear 60% of the total amount and all the premium that will accumulate on the advance. The credit arrangement is required to be considered by the Finance Committee of Parliament.
In the interim, a private legitimate specialist and professor of accounting, Professor Stephen Kwaku Asare, famously known as Prof. Kwaku Azar accepts the arrangement is a blessing masked as a loan.
Ghanaians have additionally communicated outrage and disappointment by the choice to give MPs credit for vehicles when the nation has squeezing needs.
