Latest News Lead Story

Finance Minister Proposes Accra as World Bank Regional Office to Fast-track Development Across West Africa

Ghana’s Minister for Finance, Dr Cassiel Ato Forson, has proposed that the World Bank set up a regional office in Accra to support development work across West Africa.

He made the call on Friday, April 10 , during a meeting with Mr Wencai Zhang, Managing Director and Chief Administrative Officer of the World Bank Group, at the Ministry of Finance in Accra.

Discussions between the two focused on expanding Ghana’s partnership with the World Bank in areas such as agriculture, transport, and energy.

Dr Forson said these sectors remain central to Ghana’s long-term growth efforts and called for stronger backing to address challenges and improve outcomes.

He told Mr Zhang that locating a regional office in Accra would speed up project delivery not only in Ghana but across the subregion.

See also  Gambia’s Truth Commission To Begin Hearings

“The presence of a World Bank regional office in Ghana would allow for closer engagement, faster decision-making, and better results,” Dr Forson said.

Mr Zhang, in his remarks, said the World Bank is ready to deepen its support to Ghana, particularly in agriculture.

He described agriculture as an area where the Bank has extensive experience and indicated its willingness to work with Ghana to improve production, reduce losses, and create more opportunities for farmers.

He also noted that the Bank is currently involved in projects aimed at improving Ghana’s energy sector. These include steps to help address power supply issues and strengthen access for both households and industry.

The visit is part of ongoing talks between the Government of Ghana and the World Bank aimed at advancing development goals and improving living standards.

See also  Ethiopia Minister Lauds Jospong Group Of Companies

Source: graphic.com.gh

Related Posts

My visit to Japan will yield results...
[caption id="attachment_748" align="aligncenter" width="480"] Japanese Prime Minister, Shinzo Abe in...
Read more
GIZ supports 6,000 MSMEs, creates 2,000 jobs...
Germany’s leading development agency in Ghana, GIZ, has successfully stabilized...
Read more
Boko Haram Creates 800,000 Child Refugees –...
About 800,000 children have fled their homes in north-eastern Nigeria...
Read more

Leave a comment

Your email address will not be published. Required fields are marked *