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Global economic recovery expected to gain momentum next year World Bank

The World Bank has said the COVID-19 global recession is expected to be reflected in the sharpest contractions in six decades in many indicators...

Coronavirus: Implement policies to alleviate solvency strains World Bank

The World Bank has said as far as the impact of the Covid-19 on the global economy is concerned, the immediate need is to...

World Bank chief says coronavirus pandemic widening inequality gap

World Bank President David Malpass said on Wednesday that the coronavirus pandemic was exacerbating inequality throughout the world by hitting hardest those without a...

Make timely public disclosures of debt service payments World Bank to governments

President of the World Bank Group, David Malpass, has said there is the need to ensure that detailed and timely public disclosure of debt...

Coronavirus: 23 million more Africans to slip into poverty World Bank

The World Bank estimates that the coronavirus pandemic will push 23 million people in sub-Saharan Africa into extreme poverty.This will mean they will live...

Parliament approves $35m World Bank facility for COVID-19

The motion for approval was moved by the Chairman of the Finance Committee, Dr Mark Assibey-Yeboah, and seconded by the Minority Leader, Mr Haruna...

Coronavirus: World Bank pledges $12bn in emergency aid

The World Bank has committed $12bn (£9.4bn) in aid for developing countries grappling with the spread of the coronavirus.The emergency package includes low-cost loans,...

World Bank funds major Ghana tourism sites with $14m

The World Bank is supporting Ghana with $14million to develop tourist sites across the country, the Chief Executive Officer of the Ghana Tourism Authority...

Government secures US$250m World Bank funds to start National Development Bank in 2020

The National Development Bank is expected to commence operations in 2020 to provide access to cheaper and long-term funding to some key companies operating...

Don’t renege on your mandate – Asantehene urges World Bank

The Asantehene, Otumfuo Osei Tutu II, has urged staff of the World Bank to carry out their duties in line with the mandate of...

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