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
-
Academics push for integration of climate science into basic education system
1 minute -
Port cost reforms necessary, but must reflect collective interests
18 minutes -
Vice President Jane Naana Opoku-Agyemang joins Guyana Independence celebrations
27 minutes -
Parliament launches ‘Mini Parliament’ to give children a voice in national decision-making
30 minutes -
Ghana records over 7,000 obstetric fistula cases amid calls for better maternal healthcare
32 minutes -
Heavy rains destroy bridge, cut off some communities in Wa West
40 minutes -
Groupe Nduom has won one battle but the capital war continues
42 minutes -
Over 4,000 weapons surrendered during gun amnesty period — Dr Bonaa
52 minutes -
Stonebwoy set to fill OVO Arena Wembley on August 15 with BHIM Festival
1 hour -
The African Union’s expanding footprint in strengthening cross-border tourism and trade unity in Africa
1 hour -
Today’s Front pages: Tuesday, May 26, 2026
1 hour -
Netanyahu vows to ‘increase the blows’ against Hezbollah as Israel intensifies strikes in Lebanon
1 hour -
US strikes Iranian missile sites and boats near Strait of Hormuz amid peace talks
1 hour -
Why it’s time to change Ghana’s cocoa law
2 hours -
Adamus Resources defends reputation amid renewed public scrutiny
2 hours