Tag: World Bank
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Ghana’s Audit Service performance drops from ‘C’ to ‘D’ – World Bank
The World Bank has downgraded Ghana’s Audit Service performance rating from a “C” to a “D”, citing deficiencies in its independence according to global...
Business
Ghana sees decline in ranking on World Bank’s Supreme Audit Institutions Independence Index
Ghana has experienced a decline in its ranking on the World Bank's Supreme Audit Institutions Independence (SAIs) Index for the year 2023, scoring a...
Business
Ghana sees demotion as it moves from grade ‘C’ to ‘D’ in World Bank’s latest assessment
Ghana has dropped further from the grade “C” it scored in 2021 on the independence of its Supreme Audit Institution (SAI) i.e., the Auditor...
Business
World Bank grants $250m to support Ghana’s financial sector
The World Bank has sanctioned a $250 million credit from the International Development Association (IDA) for the five-year Ghana Financial Stability Project.This initiative will...
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Ghana secures a $250 million credit facility from the World Bank
On Friday, May 31, the World Bank greenlit a $250 million International Development Association (IDA) credit for a five-year Ghana Financial Stability Project.This initiative...
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We will do everything to help you get out of this crisis – World Bank to Ghana
The World Bank has assured that the Bretton Woods institutions will continue to collaborate to assist developing countries like Ghana.A Senior Economist at the...
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World Bank expects more donor support for Ghana
The World Bank has announced that its recent disbursements to Ghana are expected to catalyze additional donor funding and private capital investment for the...
Business
Control excessive spending to stabilize cedi – Minority to govt
The Minority in Parliament has called on the government to stick to fiscal consolidation and rein in excessive spending to curb the depreciation of...
Business
Investments in data systems can bolster development ambitions – Mohammed Amin
Ghana's Finance Minister, Dr. Mohammed Amin Adam, emphasized the pivotal role of quality and timely data in accelerating development for developing nations.At a World...
Business
Inflation may remain high this year due to rise in commodities – World Bank warns
The World Bank projects energy and other commodity prices to become significant deflationary factors in the coming years, posing challenges for central banks aiming...
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