Audio By Carbonatix
Ghana’s economic recovery has earned strong praise from the World Bank, with senior officials commending both the country’s progress and the leadership of Finance Minister Dr. Cassiel Ato Forson.
At a high-level meeting in Washington, the regional vice president for Western and Central Africa, Ousmane Diagana, lauded Ghana’s performance over the past year, describing the turnaround as impressive and signaling the bank's readiness to deepen support.
Dr. Forson, speaking on behalf of the government, noted that 2025 marked a decisive turning point after a difficult period, with Ghana now firmly on the path to debt sustainability and transitioning toward growth and development.
World Bank officials were particularly emphatic in their praise. Seynabou Sakho, Regional Practice Director for Prosperity (Macroeconomics, Trade and Investment), described the minister's fiscal reforms as exemplary, noting that his work on restructuring has gained recognition beyond Ghana.
Trina Hague, the Regional Practice Director for People (Education, Health, and Social Protection), also acknowledged Ghana’s resilience and the government’s commitment to protecting vulnerable populations despite external pressures.
The minister highlighted key achievements underpinning the recovery, including a sharp decline in inflation from 23 percent to 3.2 percent, improved currency stability, and sustained investment in social programmes.
With stability restored, Dr. Forson outlined Ghana’s next phase—focused on agriculture, energy, education, and infrastructure—as the country moves to consolidate gains and accelerate inclusive growth, with continued backing from the World Bank.


Latest Stories
-
Central Regional Minister lauds Gomoa Central Assembly for effective utilisation of Common Fund
4 minutes -
What must gov’ts do to make food systems drive job creation in Africa? – Fareeda Mustapha asks Rwanda’s Kagame
8 minutes -
Gender Minister calls for equitable gender roles to support girls’ development
9 minutes -
Prioritise rural businesses in Women’s Bank – NETRIGHT urges gov’t
15 minutes -
Guinea backs Morocco’s Sahara autonomy plan as ‘sole solution’ to dispute
18 minutes -
NDPC, Youth Empowerment Ministry collaborate to mainstream youth into National Development Planning
20 minutes -
Mahama calls for rebranding of Ghanaian football
26 minutes -
Emeritus Prof John Bright Kobla Aheto, Esq
29 minutes -
GTA CEO honoured at Africa Brain Bank Summit and Awards
32 minutes -
CHRAJ urges stakeholder collaboration, intensified public campaign
37 minutes -
$350m project to end Weija Dam flooding to commence this year
42 minutes -
24-Hour Economy’s job creation push yet to gather speed – Nii Moi Thompson
47 minutes -
Why I rejected political offers that could have made me billionaire – Omotola Jalade
1 hour -
Singer Davido sternly warns those trying to move like him
1 hour -
Davido reveals secret bond between Dangote and his family
1 hour