
World Bank Approves US$250 Million to Strengthen Ghana’s Financial Sector
The World Bank has approved a $250 million credit from the International Development Association (IDA) to support Ghana’s Financial Stability Project. This five-year initiative aims to fortify Ghana’s financial sector by aiding the recapitalization of banks and Specialized Deposit-taking Institutions (SDIs) affected by the Domestic Debt Exchange Program (DDEP). Ghana’s financial system plays a crucial…