Ghana: Majority Voice Seals U.S. $3 Billion Chinese Deal

After days of back and forth arguments over the US$3 billion Chinese credit facility to finance infrastructure projects under the Ghana Shared Growth Development Agenda (GSGDA), the deal has finally been sealed, with Parliament approving the controversial Master Facility Agreement (MFA).

Despite declaring their support for the intent of the projects contained in the MFA, the Minority Members of Parliament (MPs) abstained from the voice voting, giving the Majority members of the House a field day to approve the loan deal by popular acclamation.

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