The World Bank Group has cautioned the government against overly depending on the country’s natural resources for economic development. The bank noted that Ghana’s natural resources contributed about 13 per cent to Gross Domestic Product (GDP), which was too high, … Read more →
THE World Bank has urged the Government to strengthen efforts at diversifying the country’s economy and broaden the tax base to ensure that larger numbers of tax payers contribute to the domestic revenue mobilisation. The World Bank Group believes that … Read more →
– On the back of increases in oil and gas production, agric – World Bank The World Bank has projected Ghana’s economy to grow by 7.6% this year. This is a slightly higher than government’s own 7.2% growth projection contained … Read more →
The World Bank has approved a $50 million International Development Association (IDA) credit to support the Government of Ghana in building a strong foundation for high, inclusive and sustainable growth in agriculture, a key sector which supports the livelihoods of … Read more →
The World Bank has hailed Ghana’s economic growth for 2017, describing it as “positive”. The World Bank Country Director for Ghana, Liberia, and Sierra Leone, Mr Henry Kerali, has said the country’s impressive growth was due to good microeconomic policy … Read more →
The World Bank and the United Nations University World Institute for Development Economic Research (UNU-WiDER) have published an academic paper co-authored by Ghana’s Vice President, Dr. Mahamudu Bawumia centered on Ghana’s oil find. The paper is on the topic – … Read more →
The government has revealed, the World Bank and the Saudi government will be funding efforts to provide comprehensive free Senior High School education. Education Minister, Dr. Matthew Opoku Prempeh said this at a news conference in Accra Thursday, that the … Read more →
THE World Bank has approved two International Development Association credits of $85.7 million for the Secondary Education Improvement Project (SEIP) and the Sustainable Rural Water and Sanitation Project (SRWSP). A statement issued by the World Bank said the SEIP received … Read more →
The World Bank has approved two International Development Association credits of $85.7 million for the Secondary Education Improvement Project (SEIP) and the Sustainable Rural Water and Sanitation Project (SRWSP). Specifically, the Secondary Education Improvement Project (SEIP) received additional financing of … Read more →
CORRUPTION and regulatory mismanagement of Ghana’s cocoa industry are denting production and harming farmers, underlining the need for reform, the World Bank said in a draft report seen by Reuters. Ghana produced a record 1 million tonnes of cocoa in … Read more →