Parliament approves $86m loan for the purchase of armored vehicles for Ghana Armed Forces

Parliament has approved an $86 million loan facility from Israel for the purchase of armoured vehicles for the Ghana Armed Forces.

This ensued amid calls by the minority, for the house to alter processes to allow the approval to be executed in camera.

Minority Chief Whip Muntaka Mubarak said the minority had concerns about the purchase.

According to him, the delicate nature their concerns with regards to the security framework called for a closed-door sitting as earlier agreed with the Defence Minister.

“I know a number of issues that will be raised by some members and in my view, those issues should not be in the public domain…Yesterday, some of them were raised with the Defence Minister and Foreign Minister and they all agreed that we should do this in closed sitting.

“These are accoutrement of our military and It is not best we discuss it in open chamber,” he said.

But his proposal was subsequently declined.

But Majority Leader Osei Kyei-Mensah-Bonsu insisted a backroom conversation has gone on among leaders of both sides to allow for the approval to be done in public adding that MPs will be measured in their comments.

“We said to ourselves that we will manage the discourse… This is the arrangement that we had and I believe the members who are here will respect the format that we agreed on,” the MP said.

Chairman of Parliament’s Finance Committee Dr Mark Assibey Yeboah moved the motion for approval of the facility.

Speaker Prof. Mike Ocquaye said the debate will go on in public, but he will stop MPs if they go overboard.

The loan facility was agreed between the Ghana government, represented by the Finance Ministry and the Israel Discount Bank Limited for an amount of $74 million and a separate one of $12 million.


Show More


Ghanaweb Onine is dedicated to bringing you news from various media groups in Ghana,Africa and around the world to keep you informed and educated as you go about your daily lives. Disclaimer: The views of each article are the sole responsibility of the author and do not reflect that of Ghana web online.We are not responsible for any misinformation or incorrect statement. If you need any more clarification on an article please direct them to the original source.All contents belong to their respective owners we do not own it.

Related Articles

Back to top button