Audio By Carbonatix
President John Evans Atta Mills has called on developed nations to support the World Bank Group’s bid for a capital increase in order to boost the Bank’s funding capacity for low income countries.
He made the call during a meeting with the World Bank’s Managing Director, Ngozi Okonjo-Iweala.
A statement signed by the Head of Communications at the Presidency, Koku Anyidoho quoted the president as saying; “The World Bank Group has been a key partner in helping Ghana and other countries on the African Continent navigate through the current financial crisis. Even though we have seen some positive results in managing the crisis, it is important that developed nations act to ensure the World Bank Group has all the resources needed”
“The World Bank must be fully capitalized to enable it continue to support developing nations; especially nations on the African Continent”. President Atta Mills added.
On her part, Ngozi Okonjo-Iweala expressed the Bank’s support for Ghana’s 2010 budget and Government’s commitment and effort to protect the poor and vulnerable.
The World Bank President also commended Government’s agenda of encouraging commercial agriculture as a means of creating jobs and growing the economy.
Ngozi Okonjo-Iweala assured President John Evans Atta Mills of the Bank’s continued support for Ghana’s economic growth and development agenda.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
King Tackie Teiko Tsuru II launches maiden Ga Mantse Tennis Open ahead of 2026 Homowo Festival
1 hour -
Sam George urges African countries to prioritise meaningful connectivity over network coverage at ATU conference
2 hours -
Afenyo-Markin accuses government of economic failures, questions impact of 2026 Mid-Year Budget Review
2 hours -
Gov’t develops 100 mmscfd modular gas facility to create 1,000 jobs, generate $2bn
2 hours -
‘I’m not stingy’ — Ato Forson says previous government committed Ghana to IMF spending targets
3 hours -
12-year-old girl killed, over 40 houses destroyed in Yendi rainstorm
3 hours -
Declaring a surplus while spending below target raises questions — Tweneboah Kodua
3 hours -
Lawmakers push for AI ‘kill switch’ after OpenAI goes rogue
4 hours -
India activist ends hunger strike after 26 days
4 hours -
Asanko Gold honours long-serving retirees, celebrates legacy of excellence and mentorship
4 hours -
Ghana pushes for fairer access, data-driven sport development at Commonwealth Meeting
5 hours -
Gov’t staying on fiscal consolidation path through 2026 is reassuring — Prof Bokpin
5 hours -
Oxford No. 1 Hotel urges public to ignore reports of receiver takeover
5 hours -
Kumasi Technical University exposes students to innovation, practical skills for the job market
5 hours -
Gov’t claim of spending not entirely true – Prof Bokpin
5 hours