* . *
  • About
  • Advertise
  • Privacy & Policy
  • Contact
Sunday, August 24, 2025
Earth-News
  • Home
  • Business
  • Entertainment
    Drake Appears in Teaser for Bobbi Althoff’s New Podcast ‘Not This Again’ – yahoo.com

    Drake Drops a Surprise Cameo in Bobbi Althoff’s Thrilling New Podcast Teaser ‘Not This Again

    From polka to Poison, Corn Palace adjusts entertainment offerings with the times – Mitchell Republic

    From polka to Poison, Corn Palace adjusts entertainment offerings with the times – Mitchell Republic

    How to watch ‘F1: The Movie’ on Prime Video – About Amazon

    Experience the Thrill: How to Stream ‘F1: The Movie’ on Prime Video

    FOX One is now available on Prime Video: Here’s everything to know – About Amazon

    FOX One is now available on Prime Video: Here’s everything to know – About Amazon

    What Are Our Predictions for Taylor Swift’s ‘Life of a Showgirl’ Based on What She’s Told Us So Far? – yahoo.com

    Uncover the Hidden Surprises in Taylor Swift’s ‘Life of a Showgirl’ – Can You Decode Her Clues?

    Bama Dining Serving Up New Food, Entertainment – UA News Center

    Bama Dining Launches Thrilling New Food and Entertainment Experiences

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    Why Technology Will Never Take Over Completely – Patheos

    Why Technology Will Never Completely Control Our Lives

    Alcorn State awarded grant to boost STEM with VR technology – WJTV

    Alcorn State Secures Grant to Transform STEM Education Through Cutting-Edge VR Technology

    Hyundai: The Only Way To Beat China Is To Embrace Technology – InsideEVs

    Hyundai’s Bold Strategy to Outpace China with Cutting-Edge Technology

    Teaching older adults how to use technology – WWNY

    Empowering Older Adults to Master Technology with Confidence

    Denver man receives pacemaker using new technology – CBS News

    Denver Man’s Life Transformed by Revolutionary Pacemaker Technology

    Morgan County Rescue Squad is using new technology to recover people missing in the water faster – WAFF

    Morgan County Rescue Squad is using new technology to recover people missing in the water faster – WAFF

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
  • Home
  • Business
  • Entertainment
    Drake Appears in Teaser for Bobbi Althoff’s New Podcast ‘Not This Again’ – yahoo.com

    Drake Drops a Surprise Cameo in Bobbi Althoff’s Thrilling New Podcast Teaser ‘Not This Again

    From polka to Poison, Corn Palace adjusts entertainment offerings with the times – Mitchell Republic

    From polka to Poison, Corn Palace adjusts entertainment offerings with the times – Mitchell Republic

    How to watch ‘F1: The Movie’ on Prime Video – About Amazon

    Experience the Thrill: How to Stream ‘F1: The Movie’ on Prime Video

    FOX One is now available on Prime Video: Here’s everything to know – About Amazon

    FOX One is now available on Prime Video: Here’s everything to know – About Amazon

    What Are Our Predictions for Taylor Swift’s ‘Life of a Showgirl’ Based on What She’s Told Us So Far? – yahoo.com

    Uncover the Hidden Surprises in Taylor Swift’s ‘Life of a Showgirl’ – Can You Decode Her Clues?

    Bama Dining Serving Up New Food, Entertainment – UA News Center

    Bama Dining Launches Thrilling New Food and Entertainment Experiences

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    Why Technology Will Never Take Over Completely – Patheos

    Why Technology Will Never Completely Control Our Lives

    Alcorn State awarded grant to boost STEM with VR technology – WJTV

    Alcorn State Secures Grant to Transform STEM Education Through Cutting-Edge VR Technology

    Hyundai: The Only Way To Beat China Is To Embrace Technology – InsideEVs

    Hyundai’s Bold Strategy to Outpace China with Cutting-Edge Technology

    Teaching older adults how to use technology – WWNY

    Empowering Older Adults to Master Technology with Confidence

    Denver man receives pacemaker using new technology – CBS News

    Denver Man’s Life Transformed by Revolutionary Pacemaker Technology

    Morgan County Rescue Squad is using new technology to recover people missing in the water faster – WAFF

    Morgan County Rescue Squad is using new technology to recover people missing in the water faster – WAFF

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
Earth-News
No Result
View All Result
Home News

Don’t assent to LGBTQ+ bill: Ghana risks losing $600m WB facility …Finance Ministry appeals to govt

March 6, 2024
in News
Don’t assent to LGBTQ+ bill: Ghana risks losing $600m WB facility …Finance Ministry appeals to govt
Share on FacebookShare on Twitter

Ghana stands to lose a total of $3.8 billion in the next five to six years from its development partners following the passage of the Proper Human Sexual Rights and Ghanaian Family Values (An­ti-LGBTQ) law.

Consequently, the Finance Ministry has asked the government to begin an effective engagement with conservative countries, including the Arab countries and China to help trigger resources to fill in the potential financing gaps to be created through the withdrawal of financial support from the country’s development partners.

Dr. Mohammed Amin Adam, Finance Minister.webpDr. Mohammed Amin Adam, Finance Minister.webp

Parliament on 28th of Febru­ary, 2024, Parliament passed the Proper Human Sexual Rights and Ghanaian Family Values (“An­ti-LGBTQ”) Bill, which is yet to be forwarded to the President, Nana Addo Dankwa Akufo-Addo for his assent.

A brief by the Finance Min­istry on the assessment of the impact of the passage of the Anti-LGBTQ law on the Ghana­ian economy intercepted by the Ghanaian Times said the govern­ment should begin a structured engagement with local conserva­tive forces such as religious bodies and faith-based organisations to communicate the economic implications of the passage of the “Anti LGBTQ” law and to build a stronger coalition and a framework for supporting key development initiatives that are likely to be affected.

“The President may have to defer assenting to the Bill until the court rules on the legal issues tabled by key national stakeholders (civil society organisations and Commission on Human Rights and Administrative Justice) the brief by the Finance Ministry titled “Passage of the Proper Human Sexual Rights and Ghanaian Fami­ly Values: Brief on the Immediate Impact on the Implementation of the 2024 Budget,” intercepted by the Ghanaian Times stated.

It said the expected $300 million financing from the First Ghana Resilient Recovery, Development Policy Operation (Budget Support) which was currently pending Par­liamentary approval might not be disbursed by the Bank when it was approved by Parliament, on-going negotiations on the Second Ghana Resilient Recovery Development Policy, Operation (Budget Sup­port) amounting to $300 million might be suspended.

It added that the on-going negotiations for $250 million to support the Ghana Financial Stability Fund might be suspend­ed, disbursement of undisbursed amounts totalling $2.1 billion for on-going projects would be suspended, preparation of pipeline projects and declaration of effec­tiveness for two projects worth $900million might be suspended.

“For 2024 Ghana will lose $600 million budget support and $250 million for the Financial Stability Fund. This will negatively impact on Ghana’s foreign exchange reserves and exchange rate stability as these inflows are expected to shore the country’s reserve posi­tion,” the brief said.

It said the potential loss of those financial resources would create a financing gap in the 2024 budget that must be addressed either through a significant reduction in the expenditures or additional domestic revenue mobilisation.

Touching on the impact on of the passage of the law on the debt restructuring programme, it said the negotiations with the Official Creditor Committee (OCC) and Eurobond holders under Ghana’s debt restructuring programme was predicated on the success of the IMF programme, saying that “A derailed IMF programme will have dire consequences on the debt restructuring exercise and Ghana’s long term debt sus­tainability.”

The brief said the Ministry of Finance would continue to engage with the IMF on the al­ternative credible sources of funding that would plug the financing gap, GRA to embark on a vigorous revenue mobilisation drive focusing on implementation of approved measures as well as compliance, consider possible expenditure rationalisation to accommodate the shock from the potential with­drawal of resources, and leverage on the Ghana Beyond Aid Princi­ples and change the structure of the country’s s resource mobilisa­tion

 BY KINGSLEY ASARE

>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : GhanaianTimes – https://www.ghanaiantimes.com.gh/dont-assent-to-lgbtq-bill-ghana-risks-losing-600m-wb-facility-finance-ministry-appeals-to-govt/

Tags: assentDon’tnews
Previous Post

Diners vomit blood after being served dry ice instead of breath freshener

Next Post

Alan promises modern markets nationwide

Lifeguard, 82, Sets Impressive Guinness World Record After More Than 60 Years Lifeguarding – People.com

82-Year-Old Lifeguard Breaks Guinness World Record After Over 60 Years on Duty

August 24, 2025
Powell’s Rate Cut Signal Reflects Economy’s Delicate Position – Hindustan Times

Powell’s Rate Cut Signal Reflects Economy’s Delicate Position – Hindustan Times

August 24, 2025
Drake Appears in Teaser for Bobbi Althoff’s New Podcast ‘Not This Again’ – yahoo.com

Drake Drops a Surprise Cameo in Bobbi Althoff’s Thrilling New Podcast Teaser ‘Not This Again

August 24, 2025
Hamilton County school board rejects mental health center contract – Chattanooga Times Free Press

Hamilton County School Board Rejects Contract for New Mental Health Center

August 24, 2025
Stick to politics? How Donald Trump is using sports to advance his agenda – The Athletic – The New York Times

How Donald Trump Is Using Sports to Advance His Political Agenda

August 24, 2025
A Home at the End of the World – atmos.earth

Discover Your Sanctuary: A Home at the End of the World

August 23, 2025
CWI officially opens new Health and Science Building – Idaho Business Review

CWI Unveils Cutting-Edge Health and Science Facility Transforming Education

August 23, 2025
Scientists found the missing nutrients bees need — Colonies grew 15-fold – ScienceDaily

Breakthrough Discovery: Key Nutrients That Supercharge Bee Colonies by 15 Times

August 23, 2025
If boomers did these 7 things today, they’d be called “toxic” by millennials – VegOut

If boomers did these 7 things today, they’d be called “toxic” by millennials – VegOut

August 23, 2025
Why Technology Will Never Take Over Completely – Patheos

Why Technology Will Never Completely Control Our Lives

August 23, 2025

Categories

Archives

August 2025
MTWTFSS
 123
45678910
11121314151617
18192021222324
25262728293031
« Jul    
Earth-News.info

The Earth News is an independent English-language daily published Website from all around the World News

Browse by Category

  • Business (20,132)
  • Ecology (786)
  • Economy (807)
  • Entertainment (21,686)
  • General (16,635)
  • Health (9,847)
  • Lifestyle (819)
  • News (22,149)
  • People (808)
  • Politics (816)
  • Science (16,019)
  • Sports (21,305)
  • Technology (15,787)
  • World (788)

Recent News

Lifeguard, 82, Sets Impressive Guinness World Record After More Than 60 Years Lifeguarding – People.com

82-Year-Old Lifeguard Breaks Guinness World Record After Over 60 Years on Duty

August 24, 2025
Powell’s Rate Cut Signal Reflects Economy’s Delicate Position – Hindustan Times

Powell’s Rate Cut Signal Reflects Economy’s Delicate Position – Hindustan Times

August 24, 2025
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

Go to mobile version