Tag: World Bank Ghana
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World Bank gives Ghana, 6 others US$379m to help strengthen statistical systems
As part of efforts to deepen regional integration in Africa, the World Bank Group has allocated a total of 379 million dollars in International Development Association (IDA) credits and grants to help harmonize and strengthen statistical systems in seven West African countries, including Ghana. The other countries who received the donation are Burkina Faso, Cape…
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Boost domestic revenue to achieve Ghana Beyond Aid — World Bank
The World Bank Country Director for Ghana Pierre Laporte says one of the most important things the government needs to achieve its Ghana Beyond Aid target is to improve upon its struggling domestic resource mobilization. “I think for us, we should accompany the country forward to become less dependent on aid which I think is…
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Ghana’s debt levels worrying — World Bank Country Director
The World Bank Country Director Pierre Frank LaPorte has stated that Ghana’s rising debt levels places it at pre-HIPC levels and must be checked to prevent the figure from escalating further. According to him, the government’s increased borrowing to pay outstanding debts and not to be re-invested is risky for an emerging economy like Ghana…
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World Bank announces new Country Director for Ghana, Liberia and Sierra Leone
The World Bank has appointed Pierre Frank Laporte as the new Country Director for Ghana, Liberia and Sierra Leone. His appointment takes effect from July 1, 2019 and he will be based in the World Bank’s Accra Office. Pierre Frank Laporte, a national of Seychelles joined the World Bank in July 2015 as Country Director…
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Outgoing World Bank Country Director urges gov’t to improve ease of doing business
The outgoing World Bank Country Director, Henry Kerali, has challenged the government to among other things, prioritise the strengthening of the business environment in Ghana in order to better compete with other lower-middle-income countries. Ghana is currently ranked 114 among 190 economies in the ease of doing business, according to the latest World Bank annual rankings. In a…