Google search engine

Emmanuel Kwasi Bedzra, Member of Parliament for Ho West, has asked the Finance Minister, Mohammed Amin Adam and his deputies to bow their heads in shame for a release from their outfit demanding the President not to assent to the Anti-gay bill.

The MP is questioning his colleagues why they didn’t raise their reservations about the bill in Parliament the time it was being discussed, but wait till its passage before coming out with their concerns.

His comments come on the back of a statement issued by the Ministry of Finance on the possible implications of the Anti-LGBTQ Bill from Ghana’s development partners should the President assent to it.

The Ministry is urging President Akufo-Addo to hold off on signing the bill into law as it may cost the country greatly.

These risks include a potential loss of $850 million in budgetary support from the World Bank this year alone.

In the 5-page document, the Ministry explained that “for 2024 Ghana will lose US$600 million Budget support and US$250 million for the Financial Stability Fund.”

“This will negatively impact Ghana’s foreign exchange reserves and exchange rate stability as these inflows are expected to shore the country’s reserve position,” the statement added.

Speaking on Onua FM’s afternoon political show, Pae Mu Ka, Monday, March 05, 2024, the MP said he is disappointed with the MPs for keeping quiet on the floor of Parliament and now making a fuss about the bill.

 

Anti-Gay Bill: Akufo-Addo to take no action on draft document until Supreme Court’s decision