Accra, March 16, 2026 – Ghana has received commendation from the World Bank for the progress achieved in strengthening national finances, officials said on Monday.
Mr Paschal Donohoe, Managing Director and Chief Knowledge Officer of the World Bank, praised Ghana during a meeting with Dr Cassiel Ato Forson, Minister for Finance, as part of his inaugural official visit to Africa.
The discussions centred on Ghana’s ongoing economic transformation and the next stage of the country’s development agenda. Mr Donohoe emphasised that the World Bank remained committed to supporting Ghana’s efforts, including through a Jobs and Growth Analysis designed to identify new avenues for employment creation and long-term economic expansion.
He reaffirmed the Bank’s readiness to partner with Ghana in achieving sustainable growth.
Dr Forson highlighted that the government had spent the past year focusing on resetting the economy and placing it firmly on a sustainable trajectory. While noting measurable improvements in stabilising the fiscal landscape, he observed that youth unemployment remained a significant challenge, particularly given Africa’s rapidly growing young population.
The Finance Minister stressed that public sector jobs alone could not meet the demand and called for deliberate policies to promote job creation and youth employment. He outlined ongoing initiatives aimed at generating sustainable opportunities for the country’s youth.
Dr Forson welcomed the continued partnership with the World Bank, underscoring that the collaboration would be pivotal in creating jobs, expanding opportunities, and fostering a more prosperous future for Ghanaians.
GHBUSS
16 March 2026
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