World Bank praises Ghana’s economic recovery and fiscal reforms

Ghana’s economic recovery has received strong commendation from the World Bank during a high-level meeting in Washington, D.C., in April 2026.

Regional Vice President for Western and Central Africa, Ousmane Diagana, described Ghana’s performance over the past year as impressive and indicated the Bank’s readiness to deepen support.

Finance Minister, Cassiel Ato Forson, said 2025 marked a turning point after a difficult period, with Ghana now on a path to debt sustainability and transitioning toward growth and development.

Regional Practice Director for Prosperity, Seynabou Sakho, described the Minister’s fiscal reforms and restructuring efforts as exemplary, noting international recognition for the work.

Regional Practice Director for People, Trina Hague, also commended Ghana’s resilience and commitment to protecting vulnerable populations despite external pressures.

The Minister highlighted key gains including a decline in inflation from 23% to 3.2%, improved currency stability, and continued investment in social programmes.

He said the next phase will focus on agriculture, energy, education and infrastructure to consolidate recovery and accelerate inclusive growth with continued World Bank support.