Ghana secures $360m World Bank support to bolster fiscal stability and recovery

Ghana has received $360 million in World Bank funding to strengthen its economic recovery programme, boost fiscal stability, and drive key reforms under its IMF-backed adjustment agenda.

The concessional financing, approved by the World Bank’s Executive Board on June 27, was disbursed to the Bank of Ghana this week.

It follows last year’s $300 million First Resilient Recovery Development Policy Operation (DPO1), bringing total World Bank support under the series to $660 million.

The latest package – the Second Resilient Recovery Development Policy Financing (DPO2) is channelled through the International Development Association (IDA).

It is designed to reinforce fiscal discipline, safeguard financial sector stability, strengthen energy sector governance, and enhance both social and climate resilience.

According to the World Bank, the operation forms part of a broader strategy to restore investor confidence, sustain macroeconomic stability, and build a more inclusive, shock-resistant economy.

“It aims to restore investor confidence, accelerate economic growth, maintain macroeconomic stability, and create a more resilient and inclusive economy,” the World Bank said.

Finance Minister Dr. Cassiel Ato Forson believes the inflows reflect Ghana’s steady progress under the IMF programme.

He noted that reforms supported by the DPO series are already improving fiscal discipline, restoring confidence, and laying the groundwork for sustained, inclusive growth.

With the new disbursement, Ghana is expected to accelerate reforms that underpin private sector development while cushioning the economy against future shocks.

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