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IMF, World Bank to hold annual meeting in Morocco

The International Monetary Fund (IMF) and the World Bank are gathering in Marrakech, Morocco this week for their annual meeting. It has been fifty years since their last gathering on the continent. The two institutions traditionally hold their week-long meeting away from their Washington headquarters every two or three years. After two postponements due to […]

Ghana enjoys more goodwill from World Bank 

By: Rukayatu Musah Managing Director for Operations of the World Bank, Anna Bjerde has pledged the Group’s commitment to continuously provide Ghana with skills for the job market. She said the Ghana’s young population has the potential  to introduce and create innovative content through skills training, hence, the need to focus on providing more skills to fit […]

2023 IMF/ World Bank Spring Meetings and Ghana matters 

By: Edward Nyarko  Ghana is on the cusp of securing financing assurances after the Finance Minister, Ken Ofori-Atta met with the Managing Director of the IMF, Kristalina Georgieva in Washington D.C.  With this breakthrough, the board of the IMF will in the next couple of weeks take action on Ghana’s request for a 3-bilion-dollar bailout. […]

World Bank commits $300 million to Ghana’s Financial Stability Fund 

The World Bank has committed 300 million dollars to the Ghana Financial Stability Fund. The 1.5 billion-dollar fund has been set up by the government to support financial institutions that fully participated in the Domestic Debt Exchange Programme against the adverse effect of the programme on their liquidity. Speaking at a programme with some partners […]

Accra: World Bank pays courtesy call on Ministry of Education 

By: Valentia Tetteh A high-level delegation led by the World Bank’s Global Director for Education, Dr. Jaime Saavedra is in Ghana to discuss strategic vision for Education in Ghana with the focus on Skills training as well as Science, Technology, Engineering, Mathematics Education, STEM. The delegation also paid a courtesy call on the Minister for […]

World Bank secures $1.5 million to help tackle marine pollution in Ghana

The World Bank says it has secured US$ 1.5 million in grants for the implementation of actions aimed at tackling marine and plastic pollution in Ghana. The Bank would give financial and technical assistance funded by its PROBLUE programme – an umbrella Multi-Donor Trust Fund Partnership that supports integrated and sustainable economic development of healthy […]

Ghana At World Bank/IMF Meeting in Washington DC

By: Napoleon Ato Kittoe Ghana is intrinsically a part of the committee of nations and an identifiable member of the October audience of the Bretton Woods institutions in Washington DC. Within the gamut of events and the crowd, Ghana knows too well that she participated in the joint meetings as one caught between and betwixt […]

IMF, World Bank urged to support manufacturing sector

SOURCE: GRAPHICONLINE The Alliance for Development and Industrialisation (ADI), a think-tank, has called on the International Monetary Fund (IMF) and the World Bank to channel their financial assistance for Ghana into the manufacturing sector of the economy. That, it said, would help in the effort to find a lasting solution to the country’s industrialisation drive. […]