After the International Monetary Fund, it's the turn of the World Bank (WB) to unlock a loan of 300 million dollars in favor of Ghana.
The goal is to help this West African country strengthen its macroeconomic stability and support solid economic growth. This loan is the first step of three operations, each worth 300 million dollars.
It is about restoring a sustainable budget and debt, strengthening growth opportunities, slowing inflation, and protecting the most vulnerable in order to attract more foreign investments afterwards.
According to the Minister of Finance of Ghana, Kenneth Ofori-Atta, this loan will play a vital role in alleviating Ghana's budgetary constraints, supporting the current economic recovery, and protecting the poor and vulnerable.
The source of the article is l'observateur