{"id":255868,"date":"2024-11-26T13:34:16","date_gmt":"2024-11-26T13:34:16","guid":{"rendered":"https:\/\/www.ghanamma.com\/2024\/11\/26\/borrowed-funds-channeled-into-developmental-projects\/"},"modified":"2024-11-26T13:34:16","modified_gmt":"2024-11-26T13:34:16","slug":"borrowed-funds-channeled-into-developmental-projects","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2024\/11\/26\/borrowed-funds-channeled-into-developmental-projects\/","title":{"rendered":"Borrowed funds channeled into developmental projects"},"content":{"rendered":"<p><\/p>\n<div>\n<p>The Minister of Local Government, Decentralisation and Rural Development, Martin Agyei Mensah Korsah has defended government borrowing, indicating it has been judiciously used for developmental projects in the country.<\/p>\n<p>According to him, borrowed funds have been directed at improving the lives of ordinary Ghanaians through monumental projects scattered across the country.<\/p>\n<p>Speaking to Citi News on the sidelines of the inauguration of 188 lockable stores under the Secondary Cities Support Programme at Agormanya in the Lower Manya Krobo Municipality of the Eastern Region, Mensah Korsah called on the people of Krobo to appreciate government by renewing the mandate of the New Patriotic Party (NPP) during the December 7 election.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-1111854\" src=\"https:\/\/www.ghanamma.com\/wp-content\/uploads\/2024\/11\/WhatsApp-Image-2024-11-26-at-10.36.36_21367924.jpg\" alt=\"\" width=\"1040\" height=\"480\"  \/><\/p>\n<p>\u201cThe many projects that the government is undertaking out of borrowed funds, these plus others, here in Krobo-Odumasi is one of them. We have seen 188 lockable shops. There was a recent commissioning of a business centre by the vice president and about 8 roads are being built and all of this goes to part of what the government has taken out of these borrowed funds to come and do in its collaboration with the World Bank.<\/p>\n<p>\u201cSo it is just to emphasise that this is one of the examples of projects undertaken with borrowed monies from our development partners, which needs to be put on record.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-1111856\" src=\"https:\/\/www.ghanamma.com\/wp-content\/uploads\/2024\/11\/WhatsApp-Image-2024-11-26-at-10.36.39_15014dab.jpg\" alt=\"\" width=\"1040\" height=\"480\"  \/><\/p>\n<p>\u201cThe government seems to be prioritising the needs of people. Of the monumental things that have happened in record time, it is unseen and unprecedented and they keep the hope that they will get some more. I was told that the community is yearning for a tomato factory.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-1111855\" src=\"https:\/\/www.ghanamma.com\/wp-content\/uploads\/2024\/11\/WhatsApp-Image-2024-11-26-at-10.36.38_2a08b009.jpg\" alt=\"\" width=\"1040\" height=\"480\"  \/><\/p>\n<p>\u201cIf the government has their needs as a priority, then it is important they respond by showing appreciation to the government, which has proven to be a listening government attending to their needs. Government should be encouraged to do the wonderful things that it is doing by ensuring that their mandate is renewed\u201d.<\/p>\n<p><strong>#GhanaPolls2024<\/strong><br \/><strong>#CitiVerify <\/strong><br \/><strong>#ElectionBureau<\/strong><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The Minister of Local Government, Decentralisation and Rural Development, Martin Agyei Mensah Korsah has defended government borrowing, indicating it has been judiciously used for developmental projects in the country. According to him, borrowed funds have been directed at improving the lives of ordinary Ghanaians through monumental projects scattered across the country. Speaking to Citi News [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":255869,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-255868","post","type-post","status-publish","format-standard","has-post-thumbnail","category-local-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Borrowed funds channeled into developmental projects - 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\/11\/26\/borrowed-funds-channeled-into-developmental-projects\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Borrowed funds channeled into developmental projects - Ghanamma.com\" \/>\n<meta property=\"og:description\" content=\"The Minister of Local Government, Decentralisation and Rural Development, Martin Agyei Mensah Korsah has defended government borrowing, indicating it has been judiciously used for developmental projects in the country. 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