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Government to pay 60% of car loan for MPs, Council of State members ONE MINUTE READ: The Finance Ministry had tabled two different loan agreements in Parliament to that effect. If approved, each MP and each council of state member will receive about $100,000 for the purchase of a vehicle. With regard to the MPs, government is seeking approval to secure a $28 million loan facility from the National Investment Bank for the initiative. It is further asking Parliament to ratify an additional $3.5 million loan agreement with the NIB to purchase vehicles for the 31-member council of State.

  Photo credit: Peace FM. ONE MINUTE READ: Finance Minister, Ken Ofori-Atta, has tabled before Parliament a car loan purchase agreement amounting to US$28 million for 275 Members of the Parliament, Citi News has reported. This would mean each MP is expected to receive an amount of US$100,000 for the purchase of a vehicle which will be sourced from the National Investment Bank. The papers which have been presented before the Finance Committee of Parliament will be considered and subsequently update the House with a report on the move. Already, Parliament on Tuesday July 6, 2021, approved a loan request by government from the World Bank to allocate an additional US$200 million to help it fight the coronavirus pandemic. A report by the Finance Committee of the House explained that government will, out of the total allocation, spend US$137.15million to procure COVID-19 vaccines intended to inoculate 7.6 million of the Ghanaian population and undertake other interventions in the health care

ONE MINUTE READ: ASEPA Heads To Court Over Salaries For First And Second Ladies The Alliance for Social Equity and Public Accountability (ASEPA) has served notice it is heading to court to challenge a decision to start paying salaries to the spouses of the president.

ONE MINUTE READ: Lil Baby‘s trip to Paris Fashion Week did not go as planned. The 26-year-old rapper was arrested in Paris on July 8.  He was with NBA star James Harden, at the time of his arrest, though James was reportedly not arrested.