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
-
ICC London rules in favor of Ghana against Tullow over $400m tax charge
6 minutes -
We are disappointed in ICC’s ruling over our corporate income tax assessment in Ghana – Tullow Oil
17 minutes -
Cost of building inflation for August 2026 increases to 4.6% – GSS
17 minutes -
Today’s front pages: Wednesday, September 30, 2026
48 minutes -
Bawumia highlights agricultural, compulsory insurance reforms in IBAG engagement
49 minutes -
Ghana will secure Tullow tax revenues while protecting Jubilee, TEN investments – Ato Forson
58 minutes -
Ghana wins $393m Tullow tax arbitration as tribunal upholds GRA assessment
1 hour -
Gender Minister assures women’s group of action on Affirmative Action, Development Bank
2 hours -
Over 2,000 teachers in Dormaa comply with strike – GNAT Secretary
2 hours -
Food Buffer Stock seeks stronger liquidity buffer despite record profit
2 hours -
LPG investments key to achieving 50% access target by 2030 – Energy Minister
2 hours -
Jinapor: New LPG terminal strengthens Ghana’s energy security
2 hours -
Agbodza directs road agencies to fast-track design approvals to prevent project delays
2 hours -
Housing Minister urges stakeholders to prioritise quality education in Banda District
2 hours -
Government redeems pledge to complete abandoned projects – Kofi Buah
2 hours