According to myjoyonline.com, a total of $60.6 million is being processed to be granted to Ghana as an additional COVID-19 fund from the World Bank.
According to the news source, the aforementioned sum is awaiting approval and will be delivered to the Ghanaian government by the end of March.
The World Bank’s generosity comes following an audit by the Betton Wood Institution of the US$435.8 million that the World Bank had previously disbursed to Ghana to assist the government in containing the global pandemic – coronavirus.
The Ghanaian government has used US$435.8 million put into the local economy so far.
According to Myjoyonline, “$2.5 million was redirected from a previous Maternal and Child Health and Nutrition Project (MCHNP); $65.0 million from the GARID project’s CERC; $35.0 million from the Ghana COVID-19 Emergency Preparedness and Response Project and its first and second additional financing of $130 million and $200 million, respectively, as well as $3.3 million from the Pandemic Emergency Financing Facility (PEF); and $3.3 million from the Pandemic Emergency Fina