The Finance Minister and AfDB have signed a grant deal for US$12.83 million.

Compiled By: Prince Henry Danquah, Bora Capital Advisors Ltd.

The Minister for Finance, Dr. Cassiel Ato Forson, has signed a US$12.83 million grant agreement with the African Development Bank (AfDB) to finance feasibility studies and design development for major projects under the government’s Big Push programme.

The agreement was signed with the AfDB’s outgoing Country Manager in Ghana, Eyerusalem Fasika.

The grant will support detailed feasibility studies, including full designs, costings, and environmental and social impact assessments, for a proposed interchange at the 37 Military Hospital, aimed at easing traffic congestion in the capital.

Source: newsthemegh.com