The World Bank has approved a $360 million financing package to support Ghana’s economic recovery efforts, reinforcing confidence in the country’s reform path and macroeconomic stability.
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The funding, delivered under the Second Resilient Recovery Development Policy Operation (DPO), will target critical areas such as fiscal sustainability, financial stability, energy sector reform, and climate resilience.
In a statement on June 29, the World Bank Board of Executive Directors confirmed that the support will be channeled through the International Development Association (IDA) to help Ghana build a stronger, more shock-resistant economy.
Finance Minister Dr. Cassiel Ato Forson welcomed the funding, describing it as a strong endorsement of Ghana’s progress under its IMF-backed reform agenda. “This support will help deepen fiscal discipline, rebuild investor confidence, and drive inclusive economic growth,” Forson stated.
The package is part of the World Bank’s wider crisis response strategy for Ghana and includes ambitious goals: restoring macroeconomic stability, streamlining energy sector operations, enhancing domestic revenue generation, and integrating climate policy into national development.
Robert Taliercio, the World Bank’s Country Director for Ghana, Liberia, and Sierra Leone, emphasized the importance of swift implementation.
“Fiscal sustainability, private investment, and social protection remain urgent. These reforms are key to revitalising Ghana’s economy and improving livelihoods,” he said.
The initiative marks a shift from crisis management to long-term economic resilience, signalling global confidence in Ghana’s recovery strategy.
