World Bank Approves $360 Million for Ghana to Bolster Macroeconomic Stability and Resilience
Damian Owusu 
In a significant boost to Ghana’s economic recovery efforts, the World Bank has approved a $360 million financing package under the Second Resilient Recovery Development Policy Financing (DPO) operation. The funds, disbursed through the International Development Association (IDA), aim to reinforce Ghana’s macroeconomic stability and lay the groundwork for sustainable, inclusive growth.
The financing is designed to complement Ghana’s ongoing reform agenda under the IMF-supported programme, with a focus on four key pillars:
Restoring fiscal sustainability
Stabilizing the financial sector and promoting private sector development
Improving financial discipline in the energy sector
Strengthening social and climate resilience
Finance Minister Dr. Cassiel Ato Forson welcomed the support, stating that the successful implementation of reforms under the IMF and DPO frameworks has already helped restore investor confidence and macroeconomic stability. “We are confident that the measures supported by this DPO will help enhance fiscal discipline and build a more resilient and inclusive economy, capable of withstanding future shocks,” he said.
The World Bank’s Division Director for Ghana, Liberia, and Sierra Leone, Robert Taliercio, emphasized the urgency of the reforms, noting that the financing supports critical priorities such as job creation, energy sector reform, and climate adaptation. “Entrenching fiscal and debt sustainability, improving the business environment, and protecting the most vulnerable remain urgent priorities for Ghana,” Taliercio noted.
This disbursement is part of a broader wave of external support, with Ghana also expecting $370 million from the IMF in early July 2025. Together, these inflows are expected to strengthen the Bank of Ghana’s reserves, which stood at over $11 billion in June 2025—equivalent to five months of import cover. The World Bank’s intervention signals renewed international confidence in Ghana’s economic trajectory and its commitment to structural reforms.
