ALL POSTS FILED UNDER: WORLD BANK
World Bank to advance $1 billion support to Ghana
Add a CommentThe World Bank is advancing a policy dialogue as part of the due diligence process to provide about US$1 billion financial support in a new country-partnership agreement to Ghana. The three-to-four-year agreement, which is be presented to the Board of … Read more →
World Bank halts aid to Afghanistan
Add a CommentThe World Bank has halted funding for projects in Afghanistan after the Taliban seized control of the country. It cited concerns over how the Taliban’s takeover will impact “the country’s development prospects, especially for women”. The move comes just days … Read more →
$170m judgement debt: World Bank warned you – Agyarko to NDC
Add a CommentThe World Bank warned Ghana against the number of Power Purchasing Agreements (PPAs) the Mahama administration was signing but the then government did not listen, President Akufo-Addo’s first Energy Minister in his first administration, Boakye Agyarko has said. “The World Bank gave the … Read more →
World Bank assures Ghana of continuous support for Flood Mitigation Initiatives
Add a CommentThe World Bank has assured government of its support for the Greater Accra Resilient and Integrated Development (GARID) project and other flood mitigation projects being implemented in the country. This was made known by the World Bank Country Director for … Read more →
World Bank projects oil price of $44 in 2021
Add a CommentThe World Bank is projecting a lower demand for oil next year, as the global economy recover from the impact of covid-19. It is also forecasting an average of $44 per barrel of oil price for next year, up from … Read more →
Coronavirus: World Bank predicts sub-Saharan Africa recession
Add a CommentSub-Saharan Africa will this year suffer its first recession for 25 years as a consequence of the coronavirus outbreak, a World Bank report predicts. In a grim assessment, the bank says that the region’s economy could shrink by as much … Read more →
Don’t overly depend on natural resources for devt – World Bank
Add a CommentThe 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 →
Diversify Ghanaian economy – World Bank
Add a CommentTHE 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 →
Ghana’s economy to grow by 7.6% this year – World Bank
Add a Comment– 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 →
World Bank approves $50m for Ghana’s agric
Add a CommentThe 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 →
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(Nana Kwesi)