Abena Osei-Asare, deputy minister of finance, presented a credit arrangement totaling $60.6 million to parliament as a third additional funding source for the Ghana COVID-19 disaster preparedness and response project.

The loan agreement was presented by the Deputy Minister in the Finance Minister's name.

The International Development Association (IDA) of the World Bank Group and the Government of Ghana are parties to the Finance Agreement.

Mr Alban Sumana Kingsford Bagbin the Speaker of Parliament, subsequently referred the loan agreement to the Committee on Finance of Parliament for consideration and report to the House.