Tag: world bank
World Bank cuts Ghana’s 2025 growth forecast to 3.9%, citing inflation...
Ghana’s economic outlook for 2025 has been revised downward by the World Bank, with the country’s gross domestic product (GDP) growth now projected at...
World Bank backs plan to create 500,000 jobs each year for...
The World Bank has pledged its support to Ghana in addressing the country's pressing youth unemployment issue by backing a new Growth and Jobs...
World Bank warns Ghana against premature return to capital markets
The World Bank Country Director for Ghana, Liberia, and Sierra Leone, Robert Taliercio, has advised Ghana to be cautious about re-entering international capital markets...
World Bank: Ghana’s economic prospects remain strong amid reforms
Ghana’s economic indicators are on track for 2024 and beyond, according to the World Bank’s 8th Economic Update for Ghana, titled “Strengthening Domestic Revenue...
Ghanaians received $4.7 billion in remittances in 2023
A new report by the World Bank reveals that Nigeria was the top recipient of remittances in sub-Saharan Africa in 2023, maintaining its position...
Ghana expects $2bn boost in international reserves – Ken Ofori-Atta
Outgoing finance minister Ken Ofori-Atta has said Ghana is expecting an influx of nearly $2bn from development partners by year's end to significantly bolster...
World Bank approves $300mn for Ghana to strengthen macroeconomic stability
The World Bank has approved a $300 million Development Policy Operation for Ghana.
The First Resilient Recovery Development Policy Financing is a critical contribution by...
Ghana is ready for business – Bawumia woos foreign investors
Vice-President Dr Mahamudu Bawumia says Ghana's economic opportunities for private sector investors are back on track as the country is navigating its way out...
Ghana’s unsustainable debt largely attributed to Energy Sector – World Bank...
World Bank (WB) Country Director to Ghana, Pierre Frank Laporte, says Ghana’s energy sector debt is a major contributor to her debt woes.
In an...
World Bank: Ghana ranks 1st with highest food price increases of...
Ghana is ranked 1st by the World Bank with the highest food prices in Sub-Saharan Africa in 2022.
According to the Bretton Wood institution’s October...
