The World Bank has approved a $60 million International Development Association (IDA) credit for the Ghana Productive Safety Net project to strengthen and improve social safety nets and productive...
The World Bank has cautioned government to control current expenditures, especially spending on the wage bill. In 2016, Ghana’s wage bill as a percentage of national income was over 40 percent....
The World Bank has signed a grant agreement with Solidarity West Africa for Natural Resources Management in 53 selected local communities of the Brong-Ahafo and Western Regions of Ghana. The US$5.5...
The World Bank signed a grant agreement with Solidaridad West Africa for Natural Resources Management in 53 selected local communities of the Brong-Ahafo and Western Regions of Ghana, Friday. The...
Country Director of the World Bank for Ghana, Henry Kerali, has said that government’s recent US$2.25 billion makes economic sense so long as the interest payable on it is lower than what is...
The country’s attempt to export power to its neighbouring countries will suffer a major setback if tariff differentials between independent power producers (IPPs) signed in Ghana and those in the...
World Bank Country Director Henry Kerali has confirmed the International Monetary Fund (IMF) is in discussions with Ghana over extension of the Fund program. This confirms earlier reports by...
Some economists are predicting that Ghana’s economy will be 5 percent by the end of this year. This is lower compared to government’s 6.3 percent and the World Bank’s 7 percent projections....
The World Bank has blamed Ghana’s relative high cost of power on the adoption of sole sourcing in the granting of power purchase agreements under the past NDC administration. The Bank has also...
The Founder of the Chief Executives Network Ghana, Mr Ernest De-Graft Egyir, has called for the need to privatise all state-owned enterprises in the country to make them more efficient and...
The World Bank is confident of a rebound in Ghana’s economic growth this year. To this end, the Bank has projected a growth target of 6 to 7 percent for 2017. It is however expecting the figure to...
The World Bank’s International Development Association (IDA) has committed US$1.2 billion to support Ghana’s economy over the next three years. The allocation, which will span July 2017 to June...
Ghana will benefit from 2.2 billion dollars from the World Bank for next three 3 years according to the Country Director for World Bank, Henry Kerali. Mr. Kerali, who made this revelation at the...
Mr Charles Adu Boahen, the Deputy Minister of Finance, has called on project implementing agencies to expedite action on the execution of projects without compromising results. The Minister said the...
The World Bank has backed government’s decision to review the Ameri Energy deal over issues of overpayment estimated at $150 million. The Bank said the country could be generating an excess power...
The World Bank has backed the government’s decision to review the AMERI power plant deal over concerns of generation capacity excesses. According to the Bank, Ghana’s current total electricity...
A World Bank report says though digital technologies are spreading rapidly throughout the developing world, the anticipated digital dividends of higher growth, more jobs and better public services...
A World Bank report says though digital technologies are spreading rapidly throughout the developing world, the anticipated digital dividends of higher growth, more jobs and better public services...
The Ghana Commercial Agriculture Project (GCAP) has started yielding results as beneficiaries have begun harvesting about 1.733 metric tonnes of paddy rice valued at GH¢2.2 million from the...
The Ghana Commercial Agriculture Project (GCAP) has started yielding results as beneficiaries have begun harvesting about 1,733 metric tonnes of paddy rice valued at GH¢2.2 million from the...