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World Bank Disburses $360 Million to Support Ghana’s Economic Recovery

The World Bank has released $360 million to Ghana under its International Development Association (IDA) facility, aimed at strengthening the country’s economic recovery and long-term resilience.

The funds were disbursed on September 11, 2025, following approval by the World Bank Board in June and subsequent ratification by Ghana’s Parliament in July. The facility comes under the Second Resilient Recovery Development Policy Financing (DPF) operation, which is designed to help Ghana restore macroeconomic stability, create jobs, and lay the foundation for sustainable growth.

Focus Areas of Support

The programme targets four key objectives:

1. Restoring fiscal sustainability;

2. Strengthening financial sector stability and private sector development;

3. Improving financial discipline in the energy sector; and

4. Enhancing social and climate resilience.

According to the World Bank, the disbursement forms part of a broader engagement to support Ghana’s crisis response and resilience agenda. It will reinforce post-crisis recovery while driving structural reforms needed for inclusive and sustainable development.

Broader Economic Reforms

The facility is expected to support reforms that promote fiscal discipline, expand domestic revenue mobilisation, and attract private investment for private-sector-led growth. It will also help improve financial sustainability within the energy sector, ensure efficient sector operations, and strengthen climate-related policy integration.

In addition, the programme will channel support into measures that enhance social protection systems and build resilience to climate shocks, ensuring that Ghana’s recovery is both equitable and sustainable.

Complementary Support

A Finance Committee report dated July 2, 2025, noted that the loan forms part of a wider World Bank support package to Ghana, which also includes investment lending and technical assistance. It complements the First Resilient Recovery DPF and aligns with reforms being implemented under Ghana’s ongoing International Monetary Fund (IMF) programme.

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