{"id":4193,"date":"2024-08-30T01:58:44","date_gmt":"2024-08-30T01:58:44","guid":{"rendered":"https:\/\/sbmediaonline.com\/?p=4193"},"modified":"2024-08-30T01:58:45","modified_gmt":"2024-08-30T01:58:45","slug":"parliaments-approval-pending-for-us830-million-world-bank-funding-release","status":"publish","type":"post","link":"https:\/\/sbmediaonline.com\/?p=4193","title":{"rendered":"&#8220;Parliament&#8217;s approval pending for US$830 million World Bank funding release&#8221;"},"content":{"rendered":"\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"300\" height=\"165\" src=\"https:\/\/uwordpressmedia.blob.core.windows.net\/uwordpressmedia01\/2024\/08\/12205584.295.jpg\" alt=\"\" class=\"wp-image-4194\"\/><\/figure>\n\n\n\n<p>Ghana is missing out on the disbursement of three World Bank facilities totalling US$830 million due to the failure of parliament to pass the agreements covering them.<br><br>The World Bank indicates that the disbarment of the facilities is long overdue and just waiting for parliament to give the go-ahead.<br><br>The facilities include a $250 million Ghana Financial Stability Fund, $250 million for the Energy Sector Reforms, and $30 million for the Greater Accra Metropolitan Area Sanitation and Water Project (GAMA SWP).<br><br>Country Director Robert O\u2019Brien said: \u201cWe have our portfolio and pipeline disbursement to Ghana, which some of these funds will come under.\u201d<br><br>\u201cGhana, over the years, had a very high disbursement rate, because of how they have handled their funds,\u201d O\u2019Brien noted.<br><br>He told Joy FM: \u201cWe are hopeful that these facilities will be approved quickly by Parliament so that the expected impact is felt on some critical sectors of the economy.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ghana is missing out on the disbursement of three World Bank facilities totalling US$830 million due to the failure of parliament to pass the agreements [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":4194,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-4193","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/sbmediaonline.com\/index.php?rest_route=\/wp\/v2\/posts\/4193","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sbmediaonline.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sbmediaonline.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sbmediaonline.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/sbmediaonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=4193"}],"version-history":[{"count":1,"href":"https:\/\/sbmediaonline.com\/index.php?rest_route=\/wp\/v2\/posts\/4193\/revisions"}],"predecessor-version":[{"id":4195,"href":"https:\/\/sbmediaonline.com\/index.php?rest_route=\/wp\/v2\/posts\/4193\/revisions\/4195"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/sbmediaonline.com\/index.php?rest_route=\/wp\/v2\/media\/4194"}],"wp:attachment":[{"href":"https:\/\/sbmediaonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4193"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sbmediaonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4193"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sbmediaonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4193"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}