The African Development Bank has approved a $111.3 million financing package to help promote inclusive growth and improve the business environment in Ghana.
The package includes a $70 million loan and a $41 million grant. It will be used to finance Ghana’s Poverty Reduction and Business Environment Support Program, which aims to improve the country’s public financial management capacity and promote private sector development through a more robust business environment.
The project is a key component of Ghana’s Shared Growth and Development Agenda and is expected to be completed by December 2013.
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