Connect with us


Ghana gets China’s $15b commitment for economic agenda



Ghana gets China’s $15b commitment for economic agenda
Ghana: Gets China commitment for economic transformation agenda

Ghana has secured a China’s commitment of $15 billion to finance its massive economic transformation agenda.

A further $4 billion will be obtained by Ghana also for other projects across the country, GNA said.

The package from China was based on the financing module presented by Ghana, seeking for partnership to finance the economic agenda.

Ghana gets China’s $15b commitment for economic agenda

The deal is not borrowing but leveraging on the utilisation of a minute fraction of its untapped and proven mineral resources,

Vice President Mahamudu Bawumia of Ghana led a delegation to China returned home on Saturday after four days stay n that country.

He came with armful of new economic agreements that were expected to kick start the country’s ambitious plan and improve the country’s economic performance and fortunes.

He said that the deal was better than obtaining a loan which would strangulate the country.

The Vice President said that they had some listening of both the Chinese government and the private sector.

He said the country got the China commitment of $15 billion for the economic transformation agenda as well as $4 billion for other projects.

Facebook Comments Box
Ghana gets China’s $15b commitment for economic agenda

Copyright 2023 ROYAL NEWS. All rights reserved. Digital material on this website, may not be published, reproduced, broadcast, rewritten or redistributed in whole or in part without prior express written permission from ROYAL NEWS.


Download ROYAL NEWS app

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *