Business News of Friday, 10 November 2006

Source: GNA

Parliament approves three loan agreements

Accra, Nov. 10, GNA - Parliament on Friday approved three loan agreements to finance a number of projects.

These are the commercial loan agreement between the Ghana and the Agence Francaise de Development (AFD) of France for 30 million Euros for multi-donor budget support 2007 and 2009.

The other agreement was between Ghana and the AFD for 25 million Euros for the Second Urban Environmental Sanitation Project. The third was the agreement between Ghana and Kreditanstalt Fuer Wiederaufbau (KfW) of Germany for 10 million Euros for the multi-donor budget support for the 2006 budget.