Finance ministry requests $ 28 million loan deal in parliament for MPs to buy cars

The Ministry of Finance presented a government request to Parliament for a $ 28 million loan from the National Investment Bank.

The loan, according to the ministry, is to finance the purchase of 275 vehicles for members of the Eighth Parliament.

Filing the request on the prosecution, Deputy Finance Minister Abena Osei Asare said the loan agreement is between the government, represented by Finance, members of the Ministry of the 8th Parliament and the National Investment Bank Limited. .

The medium-term loan, which is expected to be paid to MPs, is to be repaid by members during their four-year stay as MPs.

“The medium-term loan agreement between the government, represented by the Ministry of Finance, members of the 8th Parliament 2021 to 2024 and the National Investment Bank Limited [is] for an amount of 28 million dollars, to finance the purchase of vehicles for the members of the 8th legislature ”, declared Mrs. Abena.

During the session, the First Vice-President of Parliament, Joseph Osei Owusu, referred the request to the Finance Committee.

Meanwhile, the minister also tabled a similar demand in parliament for a $ 3.5 million car loan to members of the 8th State Council to buy vehicles.