President John Evans Atta Mills who is in New York in the
United States of America for the Sixty Six UN General Assembly has told the
World Bank that with the clock of development ticking, his government has no
time to waste but to take the desired actions which will accelerate her country’s
development.
On the issues of the three Billion loan facility that Ghana
is securing from China which the International Monitory Fund (IMF) has raised concerns
over the facility, President Mills at a meeting with the Vice President of the
World Bank Miss Obiageli Ezekwesili in New York explained Ghana’s position on
the loan facility and indicated that Ghana has a program with the IMF, though
they have concerns about the three billion loan facility from China, Ghana
needs to expand her economy by expanding the country’s infrastructure.
‘’Ghana has no time to waste but to move with speed to put in
place the Gas and oil Infrastructure’’ –President Mills said.
In her remark the Vice President of the World Bank Miss
Obiageli Ezekwesili said, she was confident that Ghana will use the money from
China Judiciously and for the benefit of her people. She also praised the
President Mills led government for staying focused and remaining resilient with
his pledge of building a better Ghana.
Miss Obiageli Ezekwesili urged President Mills to use the
Chinese loan facility into the right sectors to make Ghana a strong middle
income economy.
President Mills also met with a delegation from Cosmos Energy
and the Black stones group where he assured them of his government’s desire to
partner and collaborate with investors for mutual benefits.
‘’My government will keep making the business environment congenial
to attract investors into the country’’ President Mills said.
He urged investors to also respect and abide by the laws of
the county to enhance bilateral and multilateral relations.
The Black stone Group expressed its intention to help with
the construction of the two new Universities in the Volta and the Brong Ahafo
Regions respectively.