\n
Parliament has rejected a $250 million loan for the Ghana Energy Sector Recovery Programme.<\/strong><\/p>\nThe financing agreement is between government and the International Development Association (IDA) of the World Bank Group<\/p>\n
The object of the loan is to provide funding for the ESRP to support specific activities aimed at reducing the costs of electricity purchases and increasing revenue collection of the distribution utilities.<\/p>\n
Additionally, it is geared towards improving the financial management system of ECG as well as supporting the National LPG Promotion Programme.<\/p>\n
But the consideration of the agreement was halted following a revelation by Asawase legislator, Muntaka Mubarak.<\/p>\n
He drew Parliament\u2019s attention to the fact that more than $90 million of this amount will be spent on consultancy alone.<\/p>\n
Both the Minority and Majority members on the Finance Committee had unanimously backed the approval until Muntaka Mubarak threw a spoke in the wheels.<\/p>\n
Myjoyonline.com <\/p>\n
<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"
Parliament has rejected a $250 million loan for the Ghana Energy Sector Recovery Programme. The financing agreement is between government and the International Development Association (IDA) of the World Bank Group The object of the loan is to provide funding for the ESRP to support specific activities aimed at reducing the costs of electricity purchases […]<\/p>\n","protected":false},"author":1,"featured_media":198755,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[],"class_list":["post-204900","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business"],"yoast_head":"\n
Parliament rejects $250m Energy Sector Recovery Programme loan over $90m consultancy fee \u2013 - 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\/07\/31\/parliament-rejects-250m-energy-sector-recovery-programme-loan-over-90m-consultancy-fee\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Parliament rejects $250m Energy Sector Recovery Programme loan over $90m consultancy fee \u2013 - Ghanamma.com\" \/>\n<meta property=\"og:description\" content=\"Parliament has rejected a $250 million loan for the Ghana Energy Sector Recovery Programme. The financing agreement is between government and the International Development Association (IDA) of the World Bank Group The object of the loan is to provide funding for the ESRP to support specific activities aimed at reducing the costs of electricity purchases […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.ghanamma.com\/2024\/07\/31\/parliament-rejects-250m-energy-sector-recovery-programme-loan-over-90m-consultancy-fee\/\" \/>\n<meta property=\"og:site_name\" content=\"Ghanamma.com\" \/>\n<meta property=\"article:published_time\" content=\"2024-07-31T14:13:06+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.ghanamma.com\/2024\/wp-content\/uploads\/2024\/07\/Parliament.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"600\" \/>\n\t<meta property=\"og:image:height\" content=\"428\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\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\\\/07\\\/31\\\/parliament-rejects-250m-energy-sector-recovery-programme-loan-over-90m-consultancy-fee\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/07\\\/31\\\/parliament-rejects-250m-energy-sector-recovery-programme-loan-over-90m-consultancy-fee\\\/\"},\"author\":{\"name\":\"Ghana News\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/#\\\/schema\\\/person\\\/c70749f3edfbfcd92d45e933f0fe10b5\"},\"headline\":\"Parliament rejects $250m Energy Sector Recovery Programme loan over $90m consultancy fee \u2013\",\"datePublished\":\"2024-07-31T14:13:06+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/07\\\/31\\\/parliament-rejects-250m-energy-sector-recovery-programme-loan-over-90m-consultancy-fee\\\/\"},\"wordCount\":158,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/07\\\/31\\\/parliament-rejects-250m-energy-sector-recovery-programme-loan-over-90m-consultancy-fee\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/wp-content\\\/uploads\\\/2024\\\/07\\\/Parliament.jpg\",\"articleSection\":[\"Business\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/07\\\/31\\\/parliament-rejects-250m-energy-sector-recovery-programme-loan-over-90m-consultancy-fee\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/07\\\/31\\\/parliament-rejects-250m-energy-sector-recovery-programme-loan-over-90m-consultancy-fee\\\/\",\"url\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/07\\\/31\\\/parliament-rejects-250m-energy-sector-recovery-programme-loan-over-90m-consultancy-fee\\\/\",\"name\":\"Parliament rejects $250m Energy Sector Recovery Programme loan over $90m consultancy fee \u2013 - Ghanamma.com\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/07\\\/31\\\/parliament-rejects-250m-energy-sector-recovery-programme-loan-over-90m-consultancy-fee\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/07\\\/31\\\/parliament-rejects-250m-energy-sector-recovery-programme-loan-over-90m-consultancy-fee\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/wp-content\\\/uploads\\\/2024\\\/07\\\/Parliament.jpg\",\"datePublished\":\"2024-07-31T14:13:06+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/#\\\/schema\\\/person\\\/c70749f3edfbfcd92d45e933f0fe10b5\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/07\\\/31\\\/parliament-rejects-250m-energy-sector-recovery-programme-loan-over-90m-consultancy-fee\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/07\\\/31\\\/parliament-rejects-250m-energy-sector-recovery-programme-loan-over-90m-consultancy-fee\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/07\\\/31\\\/parliament-rejects-250m-energy-sector-recovery-programme-loan-over-90m-consultancy-fee\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/wp-content\\\/uploads\\\/2024\\\/07\\\/Parliament.jpg\",\"contentUrl\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/wp-content\\\/uploads\\\/2024\\\/07\\\/Parliament.jpg\",\"width\":600,\"height\":428},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/07\\\/31\\\/parliament-rejects-250m-energy-sector-recovery-programme-loan-over-90m-consultancy-fee\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Parliament rejects $250m Energy Sector Recovery Programme loan over $90m consultancy fee \u2013\"}]},{\"@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":"Parliament rejects $250m Energy Sector Recovery Programme loan over $90m consultancy fee \u2013 - 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\/07\/31\/parliament-rejects-250m-energy-sector-recovery-programme-loan-over-90m-consultancy-fee\/","og_locale":"en_US","og_type":"article","og_title":"Parliament rejects $250m Energy Sector Recovery Programme loan over $90m consultancy fee \u2013 - Ghanamma.com","og_description":"Parliament has rejected a $250 million loan for the Ghana Energy Sector Recovery Programme. The financing agreement is between government and the International Development Association (IDA) of the World Bank Group The object of the loan is to provide funding for the ESRP to support specific activities aimed at reducing the costs of electricity purchases […]","og_url":"https:\/\/www.ghanamma.com\/2024\/07\/31\/parliament-rejects-250m-energy-sector-recovery-programme-loan-over-90m-consultancy-fee\/","og_site_name":"Ghanamma.com","article_published_time":"2024-07-31T14:13:06+00:00","og_image":[{"width":600,"height":428,"url":"https:\/\/www.ghanamma.com\/2024\/wp-content\/uploads\/2024\/07\/Parliament.jpg","type":"image\/jpeg"}],"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\/07\/31\/parliament-rejects-250m-energy-sector-recovery-programme-loan-over-90m-consultancy-fee\/#article","isPartOf":{"@id":"https:\/\/www.ghanamma.com\/2024\/07\/31\/parliament-rejects-250m-energy-sector-recovery-programme-loan-over-90m-consultancy-fee\/"},"author":{"name":"Ghana News","@id":"https:\/\/www.ghanamma.com\/2024\/#\/schema\/person\/c70749f3edfbfcd92d45e933f0fe10b5"},"headline":"Parliament rejects $250m Energy Sector Recovery Programme loan over $90m consultancy fee \u2013","datePublished":"2024-07-31T14:13:06+00:00","mainEntityOfPage":{"@id":"https:\/\/www.ghanamma.com\/2024\/07\/31\/parliament-rejects-250m-energy-sector-recovery-programme-loan-over-90m-consultancy-fee\/"},"wordCount":158,"commentCount":0,"image":{"@id":"https:\/\/www.ghanamma.com\/2024\/07\/31\/parliament-rejects-250m-energy-sector-recovery-programme-loan-over-90m-consultancy-fee\/#primaryimage"},"thumbnailUrl":"https:\/\/www.ghanamma.com\/2024\/wp-content\/uploads\/2024\/07\/Parliament.jpg","articleSection":["Business"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.ghanamma.com\/2024\/07\/31\/parliament-rejects-250m-energy-sector-recovery-programme-loan-over-90m-consultancy-fee\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.ghanamma.com\/2024\/07\/31\/parliament-rejects-250m-energy-sector-recovery-programme-loan-over-90m-consultancy-fee\/","url":"https:\/\/www.ghanamma.com\/2024\/07\/31\/parliament-rejects-250m-energy-sector-recovery-programme-loan-over-90m-consultancy-fee\/","name":"Parliament rejects $250m Energy Sector Recovery Programme loan over $90m consultancy fee \u2013 - Ghanamma.com","isPartOf":{"@id":"https:\/\/www.ghanamma.com\/2024\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.ghanamma.com\/2024\/07\/31\/parliament-rejects-250m-energy-sector-recovery-programme-loan-over-90m-consultancy-fee\/#primaryimage"},"image":{"@id":"https:\/\/www.ghanamma.com\/2024\/07\/31\/parliament-rejects-250m-energy-sector-recovery-programme-loan-over-90m-consultancy-fee\/#primaryimage"},"thumbnailUrl":"https:\/\/www.ghanamma.com\/2024\/wp-content\/uploads\/2024\/07\/Parliament.jpg","datePublished":"2024-07-31T14:13:06+00:00","author":{"@id":"https:\/\/www.ghanamma.com\/2024\/#\/schema\/person\/c70749f3edfbfcd92d45e933f0fe10b5"},"breadcrumb":{"@id":"https:\/\/www.ghanamma.com\/2024\/07\/31\/parliament-rejects-250m-energy-sector-recovery-programme-loan-over-90m-consultancy-fee\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.ghanamma.com\/2024\/07\/31\/parliament-rejects-250m-energy-sector-recovery-programme-loan-over-90m-consultancy-fee\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.ghanamma.com\/2024\/07\/31\/parliament-rejects-250m-energy-sector-recovery-programme-loan-over-90m-consultancy-fee\/#primaryimage","url":"https:\/\/www.ghanamma.com\/2024\/wp-content\/uploads\/2024\/07\/Parliament.jpg","contentUrl":"https:\/\/www.ghanamma.com\/2024\/wp-content\/uploads\/2024\/07\/Parliament.jpg","width":600,"height":428},{"@type":"BreadcrumbList","@id":"https:\/\/www.ghanamma.com\/2024\/07\/31\/parliament-rejects-250m-energy-sector-recovery-programme-loan-over-90m-consultancy-fee\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.ghanamma.com\/2024\/"},{"@type":"ListItem","position":2,"name":"Parliament rejects $250m Energy Sector Recovery Programme loan over $90m consultancy fee \u2013"}]},{"@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\/204900","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=204900"}],"version-history":[{"count":0,"href":"https:\/\/www.ghanamma.com\/2024\/wp-json\/wp\/v2\/posts\/204900\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2024\/wp-json\/wp\/v2\/media\/198755"}],"wp:attachment":[{"href":"https:\/\/www.ghanamma.com\/2024\/wp-json\/wp\/v2\/media?parent=204900"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2024\/wp-json\/wp\/v2\/categories?post=204900"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2024\/wp-json\/wp\/v2\/tags?post=204900"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}