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There will be more pressure on cedi if … – World Bank warns
The World Bank has warned that the Ghana cedi may continue to come under pressure in 2023 against the U.S dollar.
World Bank leads review of free SHS
The free Senior High School (SHS) programme is under review. The exercise is being led by the World Bank as part of...
One million Ghanaians could fall into poverty due to climate change – World Bank
At least one million more people could fall into poverty due to climate shocks if urgent climate actions are not taken.
Ghana Chapter of World Bank-IMF Parliamentary Network launched
The Ghana Chapter of the World Bank and the International Monetary Fund (IMF) Parliamentary Network has been launched.
The...
World Bank and IMF warn of possible global recession
The International Monetary Fund (IMF) and the World Bank have warned of a possible global recession at the start of the annual...
BoG delayed in increasing policy rate – World Bank
The World Bank has expressed concern about the delayed policy interest rate hike by the Bank of Ghana (BoG) during the period...
World Bank cuts Ghana’s growth rate to 3.5% in 2022
Growth in Ghana is expected to slow in 2022 to 3.5%, far below the country’s average pre-pandemic performance of 7%, the World...
World Bank explains why cedi keeps falling and US dollar keeps winning
The US dollar is on a tear, strengthening around 11% since the start of the year and – for the first time...
Restore fiscal sustainability to cut debt, address economic imbalance – World Bank to govt
The World Bank has charged the country to restore fiscal sustainability going forward in order to facilitate debt reduction to a sustainable...
29% of employees earning salaries better off than those self-employed – World Bank
The World Bank has said that 29% of Ghanaians who are into wage employment are better off than 69% who are into...
Ghana’s Victoria Kwakwa gets top World Bank post
The World Bank has appointed Victoria Kwakwa as the new World Bank Vice President for Eastern and Southern Africa, effective July 1, 2022.
World Bank supports Ghana with $145 million to improve urban services
The World Bank has approved additional financing of $145 million International Development Association (IDA) credit for the Ghana Secondary Cities Support Programme.
World Bank warns of recession risk due to Ukraine war
Countries around the world are facing recession as the Ukraine war hits economies already rocked by the Covid pandemic, the World Bank...
World Bank grant: $1.2m goes to deprived schools – Education Minister
The Minister of Education, Dr Yaw Osei Adutwum, has said the $1.2 million World Bank grant for digital literacy will be channelled...
We confirmed training of teachers before releasing money to Education Ministry – World Bank
The World Bank says it verified that the Ministry of Education trained teachers before releasing funds under the Ghana Accountability for Learning...
Napo sets records straight on $1.2M World Bank cash controversy
Former Education Minister, Dr Matthew Opoku Prempeh, has cautioned against confusing the GALOP programme with the Digital Teacher Training under the KATechnology...
Ukraine war: World Bank boss warns over global recession
The head of the World Bank has warned that Russia's invasion of Ukraine could cause a global recession as the price of...
Ghana records $4.5bn remittances in 2021, ranks 2nd in Sub-Saharan Africa – World Bank
Ghana kept its 2nd position as Sub-Saharan Africa country with the largest remittances in 2021, the World Bank Migration and Development Brief has...
Ukraine war to cause biggest price shock in 50 years – World Bank
The war in Ukraine is set to cause the "largest commodity shock" since the 1970s, the World Bank has warned.
World Bank projects harsher times for Ghana’s economy
The World Bank has projected harsher times for Ghana’s economy.
This comes as the exchange rate continues to rise...
World Bank Covid-19 Support: ASEPA petitions Special Prosecutor to probe Finance Ministry
The Alliance for Social Equity and Public Accountability (ASEPA) has petitioned the Office of the Special Prosecutor (OSP) to probe the Ministry...
Ghana grants too many tax exemptions – World Bank
World Bank Country Director, Pierre Frank Laporte, says the only way Ghana can fix its debt to GDP ratio is not just...
We’ve provided $430 million to Ghana to fight Covid-19 – World Bank
World Bank Country Director, Pierre Frank Laporte, has revealed that the World Bank has provided the government of Ghana $430 million to...
Ghana, Tanzania, Ethiopia, 30 others on World Bank’s heavily indebted poor countries’ list
There are currently about 34 African countries on the World Bank and IMF’s heavily indebted countries’ list, according to data obtained by...
Covid-19: World Bank supports Ghana with $200m for vaccines
World Bank has approved a $200 million Ghana COVID-19 Emergency Preparedness and Response Project Second Additional Financing to procure and deploy COVID-19...
Obinim recounts how he stole money from World Bank ‘spiritually’ [Video]
Founder of the International Gods Way Church, 'Angel' Daniel Obinim, has recounted his numerous spiritual visits to the world Bank to steal...
Ashanti region will be our new world bank – NDC Chairman[audio]
JoyNews/AdomNews · Asawase is our property - NDC Chairman
The Regional Chairman of the opposition National Democratic Congress...
Finance Minister defends borrowing habit despite concerns raised by IMF and World Bank [Video]
Finance Minister, Ken Ofori-Atta, has mounted a defense for government’s incessant borrowing despite cautions from the International Monetary Fund (IMF) and World...
Otumfuo helps Ghana to get $174m from World Bank
The Asantehene, Otumfuo Osei Tutu II, has used his revered office to secure a mouthwatering financial package from the World Bank to support...
Ghana risks being classified high debt distress country – World Bank, IMF
The International Monetary Fund (IMF) and World Bank have cautioned Ghana against excessive borrowing amidst concerns the country risks being classified as...
Mahama’s NDC committed to abolish automatic employment of teachers as trade off for World...
Contrary to his recent statements, it has emerged that former President Mahama planned to abolish the automatic posting of trained teachers and...
Extreme poverty may hit Nigerians soon – World Bank warns
The World Bank in its 2019 Nigeria Economic Update Report which was
released on Monday Decemeber 2, warned that Nigeria might be home...
African Caucus presents five priority areas of Africa’s development to IMF and World Bank
Chairman of the African Caucus group, Ken Ofori-Atta, has presented to the World bank and International Monetary Fund (IMF), five areas of...
Finance Minister ‘woos’ IMF/World Bank to increase IDA to $100 million
Minister for Finance, Ken Ofori-Atta, has called on the Bretton Woods Institutions to increase their next round of the International Development Assistance...
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...
Growth in non-oil sector to remain high – World Bank
THE WORLD Bank has reported that growth in Ghana’s non-oil sector is expected to remain high at 6.2 percent, as policy interventions...
Photos: DJ Switch projects Ghanaian culture at World Bank event
Ghana's youngest disc jockey, DJ Switch was at her usually best last week, treating attendees of the World Bank’s African Society Symposium...
