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
World Bank Applauds Govt For Tackling Energy Sector Challenges
The World Bank team with government officials The World Bank Managing Director of Operations, Anna Bjerde, along with the Ghana Country Director, Pierre Laporte, and their team, has held
Minority Attacks World Bank Boss
Pierre Frank Laporte The Minority in Parliament is demanding evidence from the World Bank Country Director, Pierre Frank Laporte, over claims he made on the take-or-pay Power Purchase Agreements
Minority Blasts World Bank Boss
Minority in Parliament is demanding for evidence from the World Bank Country Director, Frank Laporte Pierre over his claims on the take-or-pay agreements in the country’s energy sector. According
Mahama’s Wrong PPAs Breaking Ghana Economy Now- World Bank
John Mahama Former President John Dramani Mahama has been blamed by the World Bank for Ghana’s current ailing economy due to Power Purchase Agreements (PPAs). According to the World Bank,
World Bank Provides $372m Guarantee For 2030 Eurobond
Ken Ofori-Atta – Finance Minister The International Development Association (IDA) of the World Bank has made a guarantee payment of $372 million on behalf of the Ghanaian government to
World Bank Warns Of More Cedi Pressure
Ken Ofori Atta THE WORLD Bank’s January 2022 Global Economic Prospects report has pointed to continued pressure on the Ghana cedi against the U.S dollar this year. The report
Ken Ofori-Atta In USA For World Bank/IMF Meeting To Finalise Negotiations
Ken Ofori-Atta The Finance Minister, Ken Ofori-Atta has left the shores of Ghana to Washington, DC in the United States of America (USA) to attend the 2022 IMF and
Food Prices Go Up By 122% – World Bank
The World Bank has ranked the country as number one with the highest food prices in Sub-Saharan Africa in 2022. Senegal followed Ghana closely with food price increases of
Channel IMF, WB Support Into Industrialisation – ADI
THE ALLIANCE for Development and Industrialisation, (ADI) is calling on the two Bretton Woods institutions- the International Monetary Fund (IMF) and the World Bank (WB) to channel any financial