The US$ 300m loan facility from the World Bank to Ghana has officially been released for budgetary support. The amount was credited to the Central Bank’s account today, Wednesday March 27, 2023. It is the first in a series of three operations of $300 million each from the World Bank ...
WORLD BANK PULLS PLUG ON GHANA SETTLEMENT PROJECT.Reports on the decision of World Bank to withdraw funding for the central securities depository project of the Ghana Stock Exchange.EBSCO_bspOperations Management
Among other allegations, Klein says the Group's credibility was damaged "when it forced school fees on students in Ghana in exchange for a loan; when it demanded that Tanzania privatise its water system; when it made telecom privatisation a condition of aid for Hurricane Mitch; when it ...
The World Bank’s Ghana Public Finance Review report 2024 has outlined how the country’s GDP growth was fueled by debt accumulation. The report titled, “Building the Foundations for a Resilient and Equitable Fiscal Policy,” notes that Ghana’s development path, although regist...
The report said the strong monetary policy position of Ghana's central bank, coupled with a more stable exchange rate regime, has contributed to the reduction of inflation. It also underscored the need for Ghana to focus on quality fiscal adjustment to minimize the impact on growth, and the ...
The World Bank has also projected an end-of-year Gross Domestic Product (GDP) growth rate of about 3% for Ghana. This is almost in line with the 2.8% growth rate targeted by the government but suggests moderate economic growth for the country. ...
ACCRA, Dec. 21 (Xinhua) -- The World Bank will provide 142.4 million Special Drawing Rights (SDR) or 200 million U.S. Dollars to support Ghana's 2018 budget, according to a release it issued here on Thursday. The Bank signed the credit agreement to that effect with the government of ...
World Bank Country Director for Ghana, Liberia and Sierra Leone Pierre Laporte said residents of beneficiary municipalities would enjoy improved access to urban services, such as better roads, efficient services, and reduced flooding. "The additional financing will further focus on strengthening the capa...
It is our view that Zambia, Sri Lanka and Ghana will emerge from default before the end of the year: the IMF was positive on the progress made by Sri Lanka since its 2022 default, and it appears increasingly likely that Ghana will soon reach a deal with bondholders....
It is our view that Zambia, Sri Lanka and Ghana will emerge from default before the end of the year: the IMF was positive on the progress made by Sri Lanka since its 2022 default, and it appears increasingly likely that Ghana will soon reach a deal with bondholders....