Ghana secures $360m World Bank support to boost recovery

Ghana has received US$360 million from the World Bank to reinforce its economic recovery and fiscal stability agenda. The funds, which were credited to the Bank of Ghana this week, come under the Second Resilient Recovery Development Policy Financing (DPO2).

The facility, approved in June 2025, is the second tranche of support following the US$300 million disbursed last year. It is designed to help restore fiscal discipline, strengthen the financial sector, improve efficiency in the energy sector, and enhance both social and climate resilience.

According to the Finance Ministry, the DPO2 forms part of Ghana’s broader reform programme, which is aligned with the International Monetary Fund (IMF) support package. The aim is to stabilize the economy, rebuild investor confidence, and lay the foundation for long-term inclusive growth.

Finance Minister Dr. Cassiel Ato Forson welcomed the release of the funds, describing it as evidence of the World Bank’s confidence in Ghana’s reform path. He added that the facility would help entrench macroeconomic stability and create a more resilient economy capable of withstanding external shocks.

The World Bank, for its part, has indicated that the programme is not simply about immediate relief but about pushing forward structural reforms, particularly in domestic revenue mobilization and energy sector discipline.

Ghana continues to face challenges of high debt and inflation, but the government insists that sustained reforms, supported by partners such as the IMF and World Bank, will gradually restore stability and growth.