Government secures financing to fix water shortages in Tamale, Yendi and Damongo

The Government of Ghana has secured a €323 million financing package to address water shortages in Tamale, Yendi, and Damongo, as announced by Finance Minister Dr. Cassiel Ato Forson. The funding, which includes €98 million in grants and a €225 million highly concessional facility from the European Investment Bank (EIB), aims to improve water supply and sanitation in the affected regions.

The European Commission, Invest International, and the Dutch government initiative will contribute €68 million, €30 million, and €30 million respectively, making up the remaining portion of the financing. The project is expected to significantly alleviate water scarcity and enhance sanitation infrastructure in Tamale, Yendi, and Damongo.

Brief written by urgent.news from MyJoyOnline Ghana's own syndicated text. Machine-written — may contain errors; check the original before relying on it.