• Short Summary

    THE GOVERNMENT OF GHANA AND THE UNITED STATES ON TUESDAY SIGNED AN AGREEMENT UNDER WHICH THE UNITED STATES WILL PROVIDE GHANA WITH A LOAN OF TWO MILLION DOLLARS TO FINANCE RESEARCH IN THE FIELDS OF AGRICULTURE, TELECOMMUNICATIONS, TRANSPORT AND WATER SUPPLY.

  • Description

    THE GOVERNMENT OF GHANA AND THE UNITED STATES ON TUESDAY SIGNED AN AGREEMENT UNDER WHICH THE UNITED STATES WILL PROVIDE GHANA WITH A LOAN OF TWO MILLION DOLLARS TO FINANCE RESEARCH IN THE FIELDS OF AGRICULTURE, TELECOMMUNICATIONS, TRANSPORT AND WATER SUPPLY.

    THE LOAN IS REPAYABLE OVER 40 YEARS. INTEREST WILL BE AT THE RATE OF ONE PER CENT FOR THE FIRST TEN YEARS, AND TWO AND A HALF PER CENT FOR THE REMAINDER OF THE PERIOD.

    THE AGREEMENT WAS SIGNED BY THE GHANAIAN COMMISSIONER FOR FINANCE, BRIGADIER AFRIFA, AND THE UNITED STATES AMBASSADOR TO GHANA, MR. FRANKLIN WILLIAMS.

    BRIGADIER AFRIFA SAID HE HOPED THE LOAN WOULD GREATLY ENHANCE GHANA'S ECONOMIC DEVELOPMENT.

    MR. WILLIAMS, IN REPLY, SAID THE LOAN WAS A REFLECTION OF THE UNITED STATES' INTEREST IN THE RECONSTRUCTION OF GHANA'S ECONOMY AND THE ESTABLISHMENT OF A STABLE AND DEMOCRATIC SOCIETY.

  • Tags

  • Data

    Film ID:
    VLVAC01HOEW313PBQCO1AUPXDI7M3
    Media URN:
    VLVAC01HOEW313PBQCO1AUPXDI7M3
    Group:
    Reuters - Incuding Visnews
    Archive:
    Reuters
    Issue Date:
    19/08/1967
    Sound:
    Unknown
    HD Format:
    Available on request
    Stock:
    Black & White
    Duration:
    00:01:02:00
    Time in/Out:
    /
    Canister:
    N/A

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