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Parliament greenlights $150m loan for GARID project

Parliament has greenlit a $150 million loan from the World Bank to fund the ongoing Greater Accra Resilient and Integrated Development (GARID) project, aimed at addressing flooding issues in the capital.

Parliament of Ghana

Despite opposition from the minority caucus, the loan facility was approved. The minority raised concerns about the mishandling of an earlier $200 million loan allocated for the GARID project by the government, leading to their reluctance to support the new loan.

Emmanuel Bedzrah, a member of the Works and Housing Committee, voiced his apprehensions, highlighting, "If the whole Odaw river has not been drained for two years and $200 million has been allocated and the Odaw river has not been drained or desilted or dredged, I don’t see why we need an additional $150 million again."

However, following a headcount vote that favored the majority caucus, the House approved the loan facility.

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