Ghana’s economy is expected to expand by 4.2% in 2025 and 4.8% in 2026, according to the World Bank. In its January 2025 Global Economic Prospects report, the Bank
World Bank Announces Additional GALOP Funding
A scene during the school visit The World Bank has received an additional $117 million grant from the Global Partnership for Education (GPE) to expand GALOP to all public
Inflation To End 2024 At 23.2% – World Bank
Dr. Mohammed Amin Adam, Finance Minister The World Bank has disclosed in its October 2024 Africa Pulse Report that Ghana is expected to end 2024 at 23.2% inflation. The
World Bank Pledges $1bn To Boast Ghana’s Economy
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