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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...
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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...
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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...
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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...
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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...
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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...
News

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...
News

World Bank projects high food inflation globally in 2024

In its latest Food Security Update report, the World Bank has forecasted continued high food prices throughout 2024. The report also highlights significant inflationary...
News

World Bank supports Ghana’s resilience and recovery initiatives

In general, the World Bank Group yesterday welcomed the Official Creditors' Committee's agreement on important details of Ghana's proposed debt restructuring under the G20...
Business

World Bank Group applauds debt restructuring agreement

The World Bank Group, in principle, has endorsed the accord on fundamental parameters of Ghana's proposed debt restructuring, as reached by the official creditors’...
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