ALL POSTS FILED UNDER: WORLD BANK
World Bank approves $15m for Ghana
Add a CommentThe World Bank’s Board of Executive Directors has approved a $15 million Ghana Economic Management Strengthening (GEMS) Technical Assistance Project for Ghana. This is billed to strengthen the country’s institutional capacity in domestic revenue mobilization, public investment management, debt management … Read more →
World Bank report discounts gov’t job claims
Add a CommentClaims by the current Mahama administration that it has created over 6,000 jobs in the last four years have been discounted by a new World Bank report, which indicates that almost half (48 percent) of Ghana’s youth aged between 15 and … Read more →
World Bank, IMF blamed for Ghana’s debt crisis
Add a CommentAn Economist and Senior Lecturer with the University of Cape Coast (UCC), Dr John Gatsi has accused the Bretton Woods Institutions of luring Ghana into a debt trap. According to him, both the International Monetary Fund (IMF) and World Bank … Read more →
World Bank confirms soundness of my govt’s economic policies – Prez. Mahama
Add a CommentPresident John Dramani Mahama is optimistic that the programs and policies he has put in place in managing the Ghanaian economy are yielding results. According to Mr. Mahama, the Ghanaian economy has experienced tremendous growth over the last couple of … Read more →
World Bank cautions Ghana over fiscal overruns
Add a CommentThe World Bank Group has asked government to take bold steps to enhance efficiency in its public expenditure and improve revenue mobilisation. The bank, in its second Africa Pulse report for 2015, said the current economic situation underscored the need … Read more →
There’s no reason Ghana should be poor – World Bank
Add a CommentMr Henry Kerali, World Bank Country Director for Ghana, Liberia and Sierra Leone has challenged Ghana to institute actionable strategies to exploit the country’s abundant resources to get people in the savannah zone out of poverty. “There is no reason … Read more →
World bank gives ECG $60m
Add a CommentThe World Bank Group’s Board of Executive Directors have approved a US$60 million International Development Association (IDA) credit for Ghana to improve the Electricity Company of Ghana’s (ECG) financial performance, minimise its commercial losses, and ultimately contribute to increased revenue … Read more →
World Bank cautions Ghana over excessive spending
Add a CommentThe World Bank has cautioned Ghana to resist spending excessively during good economic times due to the non-predictability of commodity price movements on the world markets. “Large fiscal deficits and inefficient government spending remain sources of vulnerability for many countries … Read more →
World Bank projects 4.5% growth rate for Ghana
Add a CommentThe country will record a 4.5 percent economic growth rate for this year, according to World Bank’s report on economic prospects for countries around the world. The projection by the World Bank is far higher than government’s own estimates of 3.9% … Read more →
600 companies blacklisted by World Bank for corruption: Zoomlion appears
Add a CommentZoomlion, the Ghanaian wastes management company, has appeared on a list of more than 600 companies worldwide that have been blacklisted by the World Bank for corrupt practices. The Bank announced the debarring of the company in September 2013 and … Read more →
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