World bank Archives

August 13, 2024August 13, 2024

World Bank: Majority Of Ghanaian Banks Strong Enough To Avoid Recapitalisation

The World Bank in its 8th Ghana Economic Update, has indicated that more than half of the 23 banks operating in Ghana are well-positioned to avoid the need for recapitalisation. According to the World Bank, within a year, most banks successfully

February 23, 2024February 23, 2024

28 Developing Countries Including Ghana Remain Stuck In Debt Trap – World Bank

The World Bank has disclosed that 28 developing economies including Ghana with - the weakest credit ratings - remain stuck in a debt trap with no hope of escape anytime soon. According to the Bretton Wood institution, their average debt-to-Gross Domestic

January 3, 2024January 3, 2024

Achieving Gender Equality Requires Amendment Of Laws And Policies – World Bank

The World Bank (WB) has said that gender equality is an urgent imperative hence should be achieved. The Bank explained that the world is experiencing an unprecedented set of crises with disproportionately negative impacts on women, girls, sexual and gender minorities,

December 26, 2023December 26, 2023

We Will Reallocate Some Project Funds If Not Utilised By June 2024 – World Bank Warns Ghana

The outgoing World Bank Country Director, Frank Pierre Laporte, has strongly indicated that project funds allocated to Ghana but have not be utilised will be sent back to Washington, DC, in the USA. This, he explained, is a policy designed to

November 29, 2023November 29, 2023

Asokwa Benefits From World Bank Cities Projects

The Asokwa Municipal Chief Executive (MCE), Akwannuasah Gyimah, has cut the sod for the construction of the road linking the Old Ahinsan to the Ahinsan Estate Community as part of the World Bank Secondary Cities Support Programme. Under the project, the