The World Bank has disbursed a $300 million loan to Ghana to support the country’s budget and aid in economic recovery. This loan is the first in a series of three operations, each totaling $300 million, aimed at enhancing crisis response and resilience in Ghana under the Resilient Recovery Development …
Read More »CEO John Awuah Addresses Banking Sector Concerns and Market Challenges in Ghana
The CEO of the Ghana Association of Banks, John Awuah, has voiced his concerns about the banking sector. In an exclusive interview, he stressed the importance of minimizing bad loans, citing the significant financial impact they have on banks. Awuah also highlighted the challenging market dynamics, where banks are reportedly …
Read More »$200m Loan From World Bank Approved By Parliament
A $200 million loan agreement between government and the World Bank has been approved by parliament to fund the Ghana Digital Acceleration Project. The goal of the project is to assist the Ghanaian government in improving broadband access, the effectiveness and calibre of a few digital public services, and the …
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