World Bank Forecasts 17.2% Inflation For Ghana In 2025
The World Bank is forecasting an inflation rate of 17.2% for Ghana in 2025. This is higher than the International Monetary Fund (IMF) programme target of 15%. However, the World….
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‘No Suspended Projects In Ghana’ – World Bank Clarifies
The World Bank has issued a definitive statement dispelling speculation about the status of its funded projects in Ghana. In a brief but crucial communication released today, the global financial….
World Bank Warns Ghana Against Premature Return To Int’l Capital Markets
World Bank Country Director for Ghana, Liberia, and Sierra Leone, Robert Taliercio, has cautioned Ghana against rushing back to international capital markets, warning that such a move would be premature….
Ghana To Get $150 Million From World Bank To Improve Energy Sector
The World Bank Board of DirecÂtors has approved a $1.6 billion landmark investÂment programme to bolster regional power system integration, enhance energy secuÂrity, and advance the transition to a more….
Global Economy Stabilizes, But Developing Economies Face Tougher Slog – World Bank
The World Bank’s Global Economic Prospects report indicates that developing economies, which contribute 60% of global growth, are projected to experience their weakest long-term growth outlook since 2000. Global growth….
World Bank Sets Africa Terms To Win $40 Billion In Power Finance
The World Bank and African Development Bank have outlined conditions for African countries to secure $40 billion in financing to address the continent’s electricity crisis. The “Mission 300” program aims….
Parliamentary Deadlock Halts $300M World Bank Disbursement For Ghana
The government has acknowledged that the ongoing parliamentary impasse has stalled the disbursement of $300 million in World Bank funding, part of a broader financial support package aimed at stabilizing….
Ghana Inks US$260m World Bank Deal To Tackle Energy Sector Inefficiencies
Ghana has signed a US$260 million deal with the World Bank to help solve the US$1.2 billion energy sector losses and other inefficiencies in the sector. The deal, under the….
World Bank: Majority Of Ghanaian Banks Strong Enough To Avoid Recapitalisation
In its 8th Ghana Economic Update, the World Bank reported that over half of Ghana’s 23 banks are well-positioned to avoid the need for recapitalization. Within just a year, most….
World Bank Lauds Bank Of Ghana’s Inflation-Fighting Success
The Bank of Ghana’s robust independence has garnered commendation from the World Bank. The World Bank highlighted the Central Bank’s critical role in successfully implementing policy reforms to curb inflation….