Tag: World Bank
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Ghana’s economy to grow by 2.9% in 2024 – World Bank
The April 2024 World Bank Africa Pulse Report indicates that Ghana's economy is expected to experience a slowdown in growth in 2024, despite anticipated...
Business
It’s a lazy man’s approach to rely on IMF, World Bank in boosting the cedi – IEA Director
Director of Research at the Institute of Economic Affairs (IEA), Dr. John Kwakye, has criticized the government's heavy reliance on foreign aid to support...
Business
World Bank’s $300m financial support hits BoG’s account
The $300 million World Bank facility earmarked for various projects in 2024 has finally been transferred to the Bank of Ghana’s (BoG) account.Ghana...
Business Headline
300 million dollars World Bank loan gets parliament’s nod despite minority’s concerns about borrowing levels
Parliament has voted by majority to approve a $300 million loan agreement between the government of Ghana and the International Development Association (IDA).The...
News
Our relationship with Ghana hasn’t changed despite passage of anti-LGBTQ+ bill – IMF
In light of the recent approval of the Human Sexual Rights and Ghanaian Family Values Bill by Parliament, the World Bank Group has asserted...
News
List of World Bank funding projects Ghana risks losing over anti-LGBTQ bill
The Ministry of Finance has noted that Ghana risks losing US$3.8 billion in World Bank financing over the next five to six years should...
Business
1.96m Ghanaians experience severe food, malnutrition challenges – World Bank report
Approximately 1.96 million Ghanaians face severe food insecurity, as reported by the latest World Bank Food Security Update.Ghana ranks 9th in West and...
News
1.96 million Ghanaians are experiencing severe food and nutrition insecurity – World Bank
The latest Food Security Update by the World Bank has revealed that approximately 1.96 million Ghanaians are facing acute food and nutrition insecurity.This...
Business
Ghana, 27 developing countries broke; no escape anytime soon – World Bank
The World Bank has revealed that 28 developing economies, including Ghana, with the weakest credit ratings, are currently trapped in a cycle of debt...
Business
COCOBOD to allocate part of $200M World Bank loan to recover cocoa-swollen shoot virus-infested plantations
Ghana’s Cocoa Board (COCOBOD) plans to utilize a portion of a $200 million World Bank loan to restore plantations devastated by the cocoa swollen...
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