Tag: World Bank
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‘I won’t depend on politicians’ – Asantehene reaches out to World Bank for Kumasi’s devt.
Asantehene Otumfuo Osei Tutu II has emphasized his preference for independent development efforts in Kumasi, stating he will not rely on Ghanaian politicians for...
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Ghana to engage World Bank for technical advice on privatizing ECG – Mahama
President John Dramani Mahama has revealed plans to engage the World Bank for technical expertise on the possible privatisation of the Electricity Company of...
Business
Focus, track remittances to save you from begging and borrowing – Dr Atuahene to Mahama’s govt
Banking consultant, Dr. Richmond Atuahene, has advised the incoming administration to monitor the foreign remittance sector closely to prevent the need for borrowing $3...
News
Adjustment of IMF, World Bank deals vital in rebuilding of the economy – Mahama
President-elect John Dramani Mahama has underscored the need to review and adjust Ghana’s ongoing programmes with the International Monetary Fund (IMF) and the World...
Business
Investigation underway into allegations against Development Bank Ghana
The World Bank has stated that it is aware of the allegations concerning the operations of the Development Bank Ghana, which is a recipient...
News
Ghana signs $260m deal with World Bank to resolve energy sector crisis
Ghana has signed a significant US$260 million deal with the World Bank aimed at addressing the US$1.2 billion losses and various inefficiencies plaguing its...
Business
World Bank approves $260m to revitalize Ghana’s energy sector
Finance Minister Dr. Mohammed Amin Adam has announced a landmark $250 million credit and an additional $10 million grant from the World Bank, dedicated...
Business
World Bank pledges to support the agribusiness sector with US$9bn
The World Bank has pledged US$9 billion towards agribusiness investments, urging the establishment of a robust global ecosystem in light of anticipated food demand...
Business
World Bank declares Ghana’s policy rate highest in Africa
Ghana's monetary policy rate, currently at 27.0%, is the highest in Africa, according to the World Bank.In its October 2024 Africa Pulse Report, the...
Business
26 poorest countries in worst financial shape since 2006 – World Bank
A new report from the World Bank released on Sunday highlights that the world's 26 poorest countries, which are home to 40% of the...
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