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The World Bank Board of Executive Directors on Friday approved 360 million U.S. dollars from the International Development Association (IDA) for the Second Resilient Recovery Development Policy Financing for West African country, Ghana, according to a statement released here. The financing operation is to support the Government of Ghana’s efforts to restoreContinue Reading

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Heightened trade tensions and policy uncertainty are expected to drive global growth down in 2025 to its slowest pace since 2008 outside of outright global recessions, according to the World Bank’s latest Global Economic Prospects report. The turmoil has resulted in growth forecasts being cut in nearly 70 percent of all economies—acrossContinue Reading