Hon Deputy Minister for Finance, are we doing up till item number 1(a) (iv)? All right.
By Mr Cassiel Ato Forson (on behalf of the Minister for Finance) --
(ii) Request for Waiver of Import Duties, Import VAT and NHIL, ECOWAS Levy, EDIF, Inspection Fees, Withholding tax, Corporate and Income Taxes other related taxes amounting to seven million, five hundred and thirty-four thousand, six hundred and seventy-nine United States dollars (US$7,534,679.00) for the offshore component and three million, five hundred and seventy-two thousand, five hundred and sixty- eight Ghana cedis and twenty pesewas(GH¢3,572,568.20) for the onshore/local component relating to project materials and equipment as well as services to be procured domestically or imported for use in the implementation of the Agreement between the
Government of the Republic of Ghana and the Government of the Republic of Korea acting through the Export-Import Bank of Korea to finance the implementation of the Wa Water Supply System Develop-ment Project.
(iii) Credit Facility Agreement between the Government of the Republic of Ghana and the Industrial and Commercial Bank of China Limited (ICBC) for an amount of ninety million, four hundred and seventy-two thousand, three hundred and eighty-five United States dollars (US$90,472,385.00) for Financing and the Supply and Erection of Electrical Materials and Equipment for the Electrification of 1,033 Communities in the Ashanti, Brong Ahafo, Eastern, Volta and Western Regions, Phase I. Referred to on Finance Committee. Mr Second Deputy Speaker: Item(iv)? Mr Bagbin: Mr Speaker, item 1(a) (iv) is a Commercial Agreement from the Ministry of Power.
Mr Speaker, the Hon Minister for Finance is the same Minister overseeing the Ministry of Power, therefore, I would like to seek your leave and the indulgence of my Hon Colleagues to allow the Hon Deputy Minister for Finance to do so for and on behalf of the Hon Minister for Finance, who is responsible for the Ministry of Power.