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Ghana and African Development Bank Signing Ceremony

The Ministry of Finance has signed a loan agreement of USD 81.76m with the African Development Bank (AfDB) for the execution of the Eastern Corridor Road Development Programme Phase 1 for the construction of the road sections stretching from Dufor-Adidome- Asikuma Junction (39.2km) and Asutuare- Aveyime (23.9km)

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Full Guaranteed Payment of all Validated Depositor Funds of Resolved Microfinance, Microcredit, Savings & Loans, and Finance House Companies

The Ministry of Finance has released GH¢ 5 billion to the Receiver of the defunct Savings and Loans and Microfinance Companies, as well as the Official Liquidator of the Micro Credit companies through Consolidated Bank Ghana (CBG), in a combination of cash and bonds to fully settle all validated claims due depositors of failed Specialised Deposit-Taking Institutions (SDIs).

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