In a significant boost to Ghana’s economic recovery efforts, the World Bank has announced plans to disburse $1 billion over the next 12 months. This funding aims to stabilize
Too Many Tax Exemptions Affecting Revenue – World Bank
Finance Minister,Dr. Mohammed Amin Adams Ghana’s tax system does not generate as much revenue as it should because of the many tax reliefs or exemptions that narrows the corporate
World Bank Hails Ghana Banking Sector Reforms
Ghana’s banking sector has made significant strides in recent times, with over half of the 23 operating banks well-positioned to avoid recapitalization. This is according to the World Bank’s
World Bank Global Disability Advisor Visits Ghana
Charlotte McClain-Nhlapo with management of Mampong School for the Deaf Global Disability Advisor, World Bank Group, Charlotte McClain-Nhlapo, says the bank is committed to ensuring that funding for education
World Bank Approves $250m For Energy Sector Recovery Programme
Robert Taliercio The World Bank has approved a $250 million credit from the International Development Association (IDA) and a $10 million grant from the Energy Sector Management Assistance Programme
World Bank Approves $250m Credit Facility For Ghana
The World Bank on Friday, May 31, 2024 approved a $250 million International Development Association (IDA) credit for a five-year Ghana Financial Stability Project. The project will support Ghana’s
World Bank Calls For Health System Strengthening
Prof. Mawuli Dzodzomenyo (3rd right) with participants during the launch The government has been urged to take urgent action to strengthen its health system against the adverse effects of
Ghana To Return To 5.0% GDP Growth – WB
The World Bank (WB) is expecting an upward progression of Ghana’s Gross Domestic Product (GDP) to hit 5.0% by 2026. This follows a projected 2.9% marginal GDP growth for
World Bank Projects Economic Slowdown
Dr. Mahammed Amin Adam, Finance Minister The April 2024 World Bank Africa Pulse Report has forecast a slowdown in Ghana’s economic growth for this year even though managers of
World Bank $300m Loan Hits BoG Account
In a significant financial development, Ghana has received a boost with the disbursement of a US$300 million loan facility from the World Bank. The funds have been officially released
1.96m Ghanaians Face Food, Nutrition Insecurity – World Bank
Women at the food market The latest Food Security Update by the World Bank has revealed that about 1.96 million Ghanaians are facing acute food and nutrition insecurity. This
World Bank Approves $300m Macroeconomic Stability Fund
Ousmane Diagana The World Bank has approved a $300 million Development Policy Operation for the country. This first resilient recovery development policy financing is a critical contribution by the
World Bank Approves $300m To Support Ghana’s Economy
In a significant move, the World Bank has approved a $300 million Development Policy Operation for Ghana. This financial support aims to bolster the country’s economic recovery, resilience, and