Audio By Carbonatix
Ghana’s economy remains resilient despite recent global shocks, finance minister Dr. Cassiel Ato Forson has stated following a meeting with Anna Bjerde, Managing Director for Operations at the World Bank, at the IMF/World Bank Spring Meetings.
The minister stated that prudent policy decisions, strong reforms, and buffers built since last year anchor the country's resilience.
He noted that increased gas production has also helped cushion the impact of rising global energy prices.
Dr. Forson, however, acknowledged that inefficiencies in the energy distribution sector remain a key risk to sustaining the gains.
He indicated that the government is moving to introduce private sector participation to improve billing, collection, and overall operational efficiency.
Anna Bjerde commended Ghana’s economic management and reaffirmed the World Bank’s support while stressing the need to urgently address challenges in the energy sector to avoid undermining broader economic progress.
Latest Stories
-
Significant debt vulnerabilities persist despite upgrade to “high risk of debt distress” – World Bank to Ghana
32 minutes -
Atleti survive Barcelona fight-back to reach Champions League semis
43 minutes -
Dembele at the double as PSG knock Liverpool out of Champions League quarters again
48 minutes -
Geospatial intelligence and its impact on infrastructure development – Emmanuel Sampson writes
1 hour -
‘Governance is continuous’ — Abban supports Agenda 111 project continuity
1 hour -
GES defends recruitment, cites data-driven teacher allocation
2 hours -
DJ Ashmen lights up maiden Gomoa Easter Carnival
2 hours -
Unpaid teachers oppose new recruitment amid salary arrears
2 hours -
Ghana to introduce community service sentencing to ease prison overcrowding
2 hours -
Coastal communities appeal to Mahama as WACA project stall deepens crisis
2 hours -
Mahama backs prison reforms, says incarceration should not be wished on enemies
2 hours -
Ex-Dep. Health Minister backs PPP model for Agenda 111
2 hours -
Stakeholders convene to tackle barriers facing women in the informal sector
2 hours -
Ghana Medical Trust Fund strengthens partnerships ahead of rollout
2 hours -
GBfoods Ghana launches the Akyɛdeɛ Sokoo National Consumer promotion
2 hours