Author: newsfilegh

The Government of Ghana cannot use the same tactic it used for domestic bondholders to get them to agree to its terms in the debt restructuring, for the external creditors as it is seeking a release of the second tranche of the $3 billion cash from the International Monetary Fund (IMF), the dean of the University of Cape Coast Business School, Professor John Gatsi has said.

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The Majority Leader in Parliament, Osei Kyei-Mensah-Bonsu, has conceded that government would not be able to build the La General Hospital in Accra as planned because it lacks the needed funds for the project. He blamed the delay in the reconstruction of the hospital on the withholding of funds by the sponsors of the facility. President Akufo-Addo cut the sod for the commencement of construction of the La General Hospital Redevelopment Project on August 10, 2020, after the existing structures were demolished a month earlier. But after three years, work is however yet to start on the project. Mr. Kyei-Mensah-Bonsu…

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