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
Ghana Gets $145m World Bank Support To Improve Urban Services
Pierre Laporte, World Bank Country Director THE WORLD Bank has approved additional financing of US$145 million International Development Association (IDA) credit for the Ghana Secondary Cities Support Programme. The
World Bank Affirms Ghana’s 5.5% Economic Expansion
Pierre Laporte, World Bank Country Director THE WORLD Bank has affirmed its forecast of 5.5 per cent expansion for the Ghanaian economy this year. According to the Africa Pulse Report,
World Bank Denies Alex Mould Claims
Alex Mould The World Bank has denied claims that it imposed four Independent Power Producers (IPPs) on Ghana during the tenure of the NDC Government led by John Mahama. The