Parliament has approved a buyer’s credit agreement between the government of
Ghana and ABN AMRO N.V Bank of the Netherlands for an amount of Thirteen
Million One Hundred and Twelve Thousand Euros to finance the Accelerated
Tuberculosis TB Case Detection Project. The facility is a mixed credit with
relative concessionary terms. It has a grace period of 2 years and tenor of 12
years.
The interest rate is one-point-95 percent and a grant element of
58-point-15 percent. The House has also approved a request for a waiver of
import duty, VAT, NHIL, ECOWAS Levy, EDAIF and other applicable fees and
charges amounting to Two Million Four Hundred and Ninety-Six Thousand Six
Hundred and Seventy Euros on materials and equipment to be used under the
TB case detection project.
In the 2009 WHO Global TB Control report, the TB
detection rate in Ghana was estimated at 26 percent.
This means 74 percent of
all TB cases in Ghana were not detected and not treated. The detection of new
cases is therefore below the global target of 70 percent required to
significantly reduce the burden of the disease. It is to help address the issue
that government is sourcing the 13 Million Euro credit facility from the ABN
AMRO N.V Bank of the Netherlands.
The Accelerated Tuberculosis, TB Case Detection
Project will involve advocacy programmes, media campaigns and awareness
creation, Clinical training, supply and installation of IT hardware and
software, diagnostic digital X-Ray systems, prevalence studies and quality
assurance among others.
Presenting the report of the Finance committee for the
approval of the loan agreement, the Chairman of the Committee James Avedzi said
the country will derived maximum benefit from the implementation of the
project. The House also ratified a request for waiver of duties, VAT, Levies
and other applicable fees and charges amounting to two million four hundred and
ninety-six thousand six hundred and seventy Euros on materials and equipment to
be used under the TB case detection project.
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