Tag: World Bank
The Ghana Cedi is the worst performing currency in Africa –...
The World Bank has ranked the Ghana cedi as the worst-performing currency in Africa since the beginning of the year with a depreciation of...
Credit Markets: Ghana needs $1.5bn support from IMF to shore up...
The World Bank has said Ghana needs $1.5billion assistance from the International Monetary Fund (IMF).
This could help to shore up public finances and regain access to...
‘Ghana is a high debt distressed country; debt to GDP...
The World Bank has classified Ghana as a high debt distress country as it projects the nation’s debt to Gross Domestic Product (GDP) of...
New Country Partnership Framework for Ghana – World Bank Group
The World Bank Group’s (WBG) Board of Executive Directors today discussed a new five-year Country Partnership Framework (CPF) for Ghana for 2022 to 2026.
The...
Ghana was already in big debt before Covid-19 – World Bank...
A new World Bank report has revealed that Ghana had accumulated significant government arrears prior to Covid-19 pandemic.
This is far higher than the projected...
Ghana received US$430 million to fight COVID-19 from World Bank
Ghana received a sum of US$430 million to fight the novel Coronavirus, World Bank Country Director, Pierre Frank Laporte has revealed.
According to him, the...
Remember the poor, vulnerable as you take steps to revive economy...
The World Bank’s Country Director for Ghana, Pierre Laporte, has cautioned government to be mindful of the poor and vulnerable in any decision taken...
African presidents want USD100 billion support from World Bank
President Nana Addo Dankwa Akufo-Addo together with 22 other African leaders are calling on the donors of the International Development Association (IDA) of the World Bank Group...
Non-concessional Borrowing Today, Hardship On Generations Tomorrow – World Bank President...
Government of Ghana is being advised by the World Bank President, David Malpass, to reduce its non-concessional borrowing because of its impact on future...
Funding Secured For Dredging Of Odaw River For Five Years –...
The World Bank is providing funding to the government of Ghana to dredge the Odaw River for a period five years.
The Minister for Works...
