Minister of finance and economic planning, Mr. Kwedjo Baah-Wiredu has assured Ghanaians that government is deeply concerned about the current energy gap facing the nation and is taking steps to solve them.
He says over a billion dollars is expected from ghana's foreign donors to help in the exercise. Mr. Baah Wiredu said these today in Parliament when he presented the budget statement for the next fiscal year.
Touching on interest rates, the minister said eventhough the country experinced an exceptionally difficult year in 2005, interest rates have remained fairly within acceptable limits at 14.5 percent.
The exchange rate he mentioned, has also been relatively stable against the major benchmark (the dollar) at 9,800.00 cedis from 9,211 cedis last year.
Mr. Wiredu added that government will support the mass transportation system by helping it acquire more fleet to augment their capacity.
The full statement will be available soon.
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