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General Manager (GM) of the Concessionary Loans Department of the bank Mr. Li Jichen who paid a working visit to the project site at Dodowa, about 45 km north of the capital, said, after meeting with the project contractors, that the water project would benefit Ghanaians especially when there is a sharp gap between the water demand and supply in Ghana.

Wage delays have been a perennial headache for hundreds of millions of migrant workers, who often lack formal contracts and are sometimes left unpaid after their companies report low earnings or declare bankruptcy.

Fixed asset investment rose 20.9 percent year-on-year in the first quarter, dropping 0.6 percentage point from the January to February period. But its real growth after deducting price factors still exceeded that registered during the January to February period, he noted.

The growth of offshore yuan market will in return impact the onshore market and facilitate the government to ease financial restrictions and open up the capital account, Ma said.

Notably, it will allow more payment methods.