A cedi equivalent of $100 million earmaked to fight against COVID-19 in Ghana has been exhausted, government officials has confirmed.
This was disclosed by Health Minister-designate Kwaku Agyeman-Manu when he appeared before Parliament’s Vetting Committee on Wednesday, February 10.
He however says a $120 million loan facility from the World Bank meant to help the fight against the virus is about maturing.
“The Ministry of Health initially got $100 million allocation to spend on COVID-19. That amount has been exhausted, and we have got another money that is just about to mature for the Ministry to utilize which is about $120 million from the World Bank, and it is a loan”, the CNR quoted the Minister-designate as saying.
Delivering an address to the nation on Wednesday, 11th March, 2020, the President Akufo-Addo said he had directed then Finance Minister Ken Ofori-Attah to make available an amount of $100 million to enhance Ghana’s Coronavirus preparedness and response plan.
This amount, according to President Akufo-Addo, “is to fund expansion of infrastructure, purchase of materials and equipment, and public education.”
But at some point, the Minority side in Parliament had questioned the availability and source of the funds.