{"id":160291,"date":"2024-03-08T18:51:43","date_gmt":"2024-03-08T18:51:43","guid":{"rendered":"https:\/\/www.ghanamma.com\/2024\/03\/08\/minority-rejects-450m-loan-deal-demands-withdrawal-of-449m-tax-waiver-2\/"},"modified":"2024-03-08T18:51:43","modified_gmt":"2024-03-08T18:51:43","slug":"minority-rejects-450m-loan-deal-demands-withdrawal-of-449m-tax-waiver-2","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2024\/03\/08\/minority-rejects-450m-loan-deal-demands-withdrawal-of-449m-tax-waiver-2\/","title":{"rendered":"Minority rejects $450m loan deal; demands withdrawal of $449m tax waiver"},"content":{"rendered":"

<\/p>\n

\n

The Minority in Parliament has strongly objected to two loan agreements currently under consideration by the legislative body.<\/p>\n

The government is seeking parliamentary approval for a $300 million loan from the World Bank to fund the First Resilient Recovery Development Policy and an additional $150 million for the ongoing Greater Accra Resilient and Integrated Development Project.<\/p>\n

But Dr. Cassiel Ato Forson, the Minority Leader, expressed the caucus\u2019s firm stance against endorsing the loans.<\/p>\n

He emphasized that unless the government withdraws the $449 million tax waiver requests for companies involved in the One District One Factory policy, the minority will not support the loan approvals.<\/p>\n

\u201cI rise to vehemently oppose the motion for this house to approve a loan of three hundred million dollars. I do so with a good heart, I do so in the interest of our country. Our country is sinking in debt and is being mismanaged.<\/p>\n

\u201cWe cannot in good conscience accept this country to be run at the ground. This same NPP government is calling on us to approve two loans today. If we manage the tax exemptions well that 449 million dollars that we are going to the World Bank to borrow, we can get it locally. They should withdraw these tax exemptions.\u201d<\/p>\n

Deputy Finance Minister, Abena Osei-Asare, however, has urged the Minority caucus to support the approval of the loan to help the government implement its 2024 budget.<\/p>\n

\u2014\u2014\u2014\u2014\u2013\u00a0\u00a0 <\/strong><\/em><\/p>\n

Explore the world of impactful news with CitiNewsroom on WhatsApp!<\/strong><\/em><\/p>\n

Click on the link to join the Citi Newsroom channel for curated, meaningful stories tailored just for YOU: https:\/\/whatsapp.com\/channel\/0029VaCYzPRAYlUPudDDe53x<\/strong><\/em><\/p>\n

No spams, just the stories that truly matter! #StayInformed #CitiNewsroom #CNRDigital<\/strong><\/em><\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"

The Minority in Parliament has strongly objected to two loan agreements currently under consideration by the legislative body. The government is seeking parliamentary approval for a $300 million loan from the World Bank to fund the First Resilient Recovery Development Policy and an additional $150 million for the ongoing Greater Accra Resilient and Integrated Development […]<\/p>\n","protected":false},"author":1,"featured_media":81124,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-160291","post","type-post","status-publish","format-standard","has-post-thumbnail","category-local-news"],"yoast_head":"\nMinority rejects $450m loan deal; demands withdrawal of $449m tax waiver - Ghanamma.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ghanamma.com\/2024\/03\/08\/minority-rejects-450m-loan-deal-demands-withdrawal-of-449m-tax-waiver-2\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Minority rejects $450m loan deal; demands withdrawal of $449m tax waiver - Ghanamma.com\" \/>\n<meta property=\"og:description\" content=\"The Minority in Parliament has strongly objected to two loan agreements currently under consideration by the legislative body. The government is seeking parliamentary approval for a $300 million loan from the World Bank to fund the First Resilient Recovery Development Policy and an additional $150 million for the ongoing Greater Accra Resilient and Integrated Development […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.ghanamma.com\/2024\/03\/08\/minority-rejects-450m-loan-deal-demands-withdrawal-of-449m-tax-waiver-2\/\" \/>\n<meta property=\"og:site_name\" content=\"Ghanamma.com\" \/>\n<meta property=\"article:published_time\" content=\"2024-03-08T18:51:43+00:00\" \/>\n<meta name=\"author\" content=\"Ghana News\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Ghana News\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/03\\\/08\\\/minority-rejects-450m-loan-deal-demands-withdrawal-of-449m-tax-waiver-2\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/03\\\/08\\\/minority-rejects-450m-loan-deal-demands-withdrawal-of-449m-tax-waiver-2\\\/\"},\"author\":{\"name\":\"Ghana News\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/#\\\/schema\\\/person\\\/c70749f3edfbfcd92d45e933f0fe10b5\"},\"headline\":\"Minority rejects $450m loan deal; demands withdrawal of $449m tax waiver\",\"datePublished\":\"2024-03-08T18:51:43+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/03\\\/08\\\/minority-rejects-450m-loan-deal-demands-withdrawal-of-449m-tax-waiver-2\\\/\"},\"wordCount\":286,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/03\\\/08\\\/minority-rejects-450m-loan-deal-demands-withdrawal-of-449m-tax-waiver-2\\\/#primaryimage\"},\"thumbnailUrl\":\"\",\"articleSection\":[\"Local News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/03\\\/08\\\/minority-rejects-450m-loan-deal-demands-withdrawal-of-449m-tax-waiver-2\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/03\\\/08\\\/minority-rejects-450m-loan-deal-demands-withdrawal-of-449m-tax-waiver-2\\\/\",\"url\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/03\\\/08\\\/minority-rejects-450m-loan-deal-demands-withdrawal-of-449m-tax-waiver-2\\\/\",\"name\":\"Minority rejects $450m loan deal; demands withdrawal of $449m tax waiver - Ghanamma.com\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/03\\\/08\\\/minority-rejects-450m-loan-deal-demands-withdrawal-of-449m-tax-waiver-2\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/03\\\/08\\\/minority-rejects-450m-loan-deal-demands-withdrawal-of-449m-tax-waiver-2\\\/#primaryimage\"},\"thumbnailUrl\":\"\",\"datePublished\":\"2024-03-08T18:51:43+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/#\\\/schema\\\/person\\\/c70749f3edfbfcd92d45e933f0fe10b5\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/03\\\/08\\\/minority-rejects-450m-loan-deal-demands-withdrawal-of-449m-tax-waiver-2\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/03\\\/08\\\/minority-rejects-450m-loan-deal-demands-withdrawal-of-449m-tax-waiver-2\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/03\\\/08\\\/minority-rejects-450m-loan-deal-demands-withdrawal-of-449m-tax-waiver-2\\\/#primaryimage\",\"url\":\"\",\"contentUrl\":\"\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/03\\\/08\\\/minority-rejects-450m-loan-deal-demands-withdrawal-of-449m-tax-waiver-2\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Minority rejects $450m loan deal; demands withdrawal of $449m tax waiver\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/#website\",\"url\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/\",\"name\":\"Ghanamma.com\",\"description\":\"Ghana mma provides breaking news, top stories in Ghana, Africa, business, entertainment, politics and more.\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/#\\\/schema\\\/person\\\/c70749f3edfbfcd92d45e933f0fe10b5\",\"name\":\"Ghana News\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/22cb97c2b08df229330efb2b8c2645feaae8d3ca3ee434035fbb668b5b82f570?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/22cb97c2b08df229330efb2b8c2645feaae8d3ca3ee434035fbb668b5b82f570?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/22cb97c2b08df229330efb2b8c2645feaae8d3ca3ee434035fbb668b5b82f570?s=96&d=mm&r=g\",\"caption\":\"Ghana News\"},\"sameAs\":[\"https:\\\/\\\/www.ghanamma.com\\\/2024\"],\"url\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/author\\\/ghanamma\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Minority rejects $450m loan deal; demands withdrawal of $449m tax waiver - Ghanamma.com","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.ghanamma.com\/2024\/03\/08\/minority-rejects-450m-loan-deal-demands-withdrawal-of-449m-tax-waiver-2\/","og_locale":"en_US","og_type":"article","og_title":"Minority rejects $450m loan deal; demands withdrawal of $449m tax waiver - Ghanamma.com","og_description":"The Minority in Parliament has strongly objected to two loan agreements currently under consideration by the legislative body. The government is seeking parliamentary approval for a $300 million loan from the World Bank to fund the First Resilient Recovery Development Policy and an additional $150 million for the ongoing Greater Accra Resilient and Integrated Development […]","og_url":"https:\/\/www.ghanamma.com\/2024\/03\/08\/minority-rejects-450m-loan-deal-demands-withdrawal-of-449m-tax-waiver-2\/","og_site_name":"Ghanamma.com","article_published_time":"2024-03-08T18:51:43+00:00","author":"Ghana News","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Ghana News","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.ghanamma.com\/2024\/03\/08\/minority-rejects-450m-loan-deal-demands-withdrawal-of-449m-tax-waiver-2\/#article","isPartOf":{"@id":"https:\/\/www.ghanamma.com\/2024\/03\/08\/minority-rejects-450m-loan-deal-demands-withdrawal-of-449m-tax-waiver-2\/"},"author":{"name":"Ghana News","@id":"https:\/\/www.ghanamma.com\/2024\/#\/schema\/person\/c70749f3edfbfcd92d45e933f0fe10b5"},"headline":"Minority rejects $450m loan deal; demands withdrawal of $449m tax waiver","datePublished":"2024-03-08T18:51:43+00:00","mainEntityOfPage":{"@id":"https:\/\/www.ghanamma.com\/2024\/03\/08\/minority-rejects-450m-loan-deal-demands-withdrawal-of-449m-tax-waiver-2\/"},"wordCount":286,"commentCount":0,"image":{"@id":"https:\/\/www.ghanamma.com\/2024\/03\/08\/minority-rejects-450m-loan-deal-demands-withdrawal-of-449m-tax-waiver-2\/#primaryimage"},"thumbnailUrl":"","articleSection":["Local News"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.ghanamma.com\/2024\/03\/08\/minority-rejects-450m-loan-deal-demands-withdrawal-of-449m-tax-waiver-2\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.ghanamma.com\/2024\/03\/08\/minority-rejects-450m-loan-deal-demands-withdrawal-of-449m-tax-waiver-2\/","url":"https:\/\/www.ghanamma.com\/2024\/03\/08\/minority-rejects-450m-loan-deal-demands-withdrawal-of-449m-tax-waiver-2\/","name":"Minority rejects $450m loan deal; demands withdrawal of $449m tax waiver - Ghanamma.com","isPartOf":{"@id":"https:\/\/www.ghanamma.com\/2024\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.ghanamma.com\/2024\/03\/08\/minority-rejects-450m-loan-deal-demands-withdrawal-of-449m-tax-waiver-2\/#primaryimage"},"image":{"@id":"https:\/\/www.ghanamma.com\/2024\/03\/08\/minority-rejects-450m-loan-deal-demands-withdrawal-of-449m-tax-waiver-2\/#primaryimage"},"thumbnailUrl":"","datePublished":"2024-03-08T18:51:43+00:00","author":{"@id":"https:\/\/www.ghanamma.com\/2024\/#\/schema\/person\/c70749f3edfbfcd92d45e933f0fe10b5"},"breadcrumb":{"@id":"https:\/\/www.ghanamma.com\/2024\/03\/08\/minority-rejects-450m-loan-deal-demands-withdrawal-of-449m-tax-waiver-2\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.ghanamma.com\/2024\/03\/08\/minority-rejects-450m-loan-deal-demands-withdrawal-of-449m-tax-waiver-2\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.ghanamma.com\/2024\/03\/08\/minority-rejects-450m-loan-deal-demands-withdrawal-of-449m-tax-waiver-2\/#primaryimage","url":"","contentUrl":""},{"@type":"BreadcrumbList","@id":"https:\/\/www.ghanamma.com\/2024\/03\/08\/minority-rejects-450m-loan-deal-demands-withdrawal-of-449m-tax-waiver-2\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.ghanamma.com\/2024\/"},{"@type":"ListItem","position":2,"name":"Minority rejects $450m loan deal; demands withdrawal of $449m tax waiver"}]},{"@type":"WebSite","@id":"https:\/\/www.ghanamma.com\/2024\/#website","url":"https:\/\/www.ghanamma.com\/2024\/","name":"Ghanamma.com","description":"Ghana mma provides breaking news, top stories in Ghana, Africa, business, entertainment, politics and more.","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.ghanamma.com\/2024\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.ghanamma.com\/2024\/#\/schema\/person\/c70749f3edfbfcd92d45e933f0fe10b5","name":"Ghana News","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/22cb97c2b08df229330efb2b8c2645feaae8d3ca3ee434035fbb668b5b82f570?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/22cb97c2b08df229330efb2b8c2645feaae8d3ca3ee434035fbb668b5b82f570?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/22cb97c2b08df229330efb2b8c2645feaae8d3ca3ee434035fbb668b5b82f570?s=96&d=mm&r=g","caption":"Ghana News"},"sameAs":["https:\/\/www.ghanamma.com\/2024"],"url":"https:\/\/www.ghanamma.com\/2024\/author\/ghanamma\/"}]}},"_links":{"self":[{"href":"https:\/\/www.ghanamma.com\/2024\/wp-json\/wp\/v2\/posts\/160291","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ghanamma.com\/2024\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ghanamma.com\/2024\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2024\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2024\/wp-json\/wp\/v2\/comments?post=160291"}],"version-history":[{"count":0,"href":"https:\/\/www.ghanamma.com\/2024\/wp-json\/wp\/v2\/posts\/160291\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.ghanamma.com\/2024\/wp-json\/wp\/v2\/media?parent=160291"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2024\/wp-json\/wp\/v2\/categories?post=160291"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2024\/wp-json\/wp\/v2\/tags?post=160291"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}