Parliament has approved the $28 million car loans for MPs.

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Parliament has approved the $28 million car loans for MPs.

The Parliament of Ghana has approved the $28 million car loan suggested by the Minister of Finance to aid in the purchase of 275 vehicles for all the members of the eighth parliament.

Despite the large outcry by the public, Abena Osei Asare, Deputy Minister of Finance, has produced a paper in Parliament asking for the approval of the National Investment Bank’s credit facility to buy the cars.

The Parliament also adopted a recommendation of the Finance Committee calling on Members of Parliament and of the Council of State to discontinue their automobile credit facility. The study states that future administrations shall supply Members of Parliament and Councils of State members with official cars for the usage which the other holders of Article 71 may enjoy.

The Parliament also accepted a Finance Committee report requesting the termination of its automotive loan facility for parliamentary members and the Council of State. The research argues that future governments will offer official vehicles for the use that the other holders of Article 71 may enjoy to the parliamentarians and Councils of Member States.

Parliament has approved the $28 million car loans for MPs.
Parliament has approved the $28 million car loans for MPs.

The Committee noted a segment of Ghanaians’ worries over the loan facility and its impact on the public fund.

“These legitimate concerns are fueled by the fact that, of all the Article 71 officeholders, it is only Members of Parliament and Members of the Council of State who benefit from these vehicle loans, a large part of which are re-paid by the state.”

“We have a responsibility to reflect the values and ideals of the people we represent. Accordingly, the Committee strongly recommends to Parliament the discontinuation of the current vehicle loan arrangement for MPs and Council of State Members,” he said.

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