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Parliament approves contentious $1b Eurobond

Parliament has finally approved the contentious $1 billion Eurobond.

The deal was approved through a voice vote with nearly a full session of the House.

An attempt to get the money approved Tuesday night was fiercely confronted by the minority who voted 67-66 against the deal.

Government has said $750 million out of the money will be used to service existing bonds whose repayments are due.The remaining $250,000 will be used to finance domestic debts if conditions are favourable.

Source:Ghana/StarrFMonline.com/103.5FM