Search
Login
North Africa
Central Africa
East Africa
West Africa
Southern Africa

Ghana’s Parliament Greenlights $300 Million World Bank Loan for 2024 Budget Support

© Allen Dreyfus

Senyo Hosi

  • Ghana secures the first tranche of a $900 million World Bank facility to bolster the 2024 budget.
  • Finance Minister navigates through opposition concerns over tax waivers to win loan approval.

 

Ghana’s Parliament has sanctioned the initial segment of a $900 million loan from the World Bank on Friday, earmarked as Resilient Recovery Development Policy Financing, to underpin the nation’s 2024 budget.

You need an active subscription to continue reading this article.

Free Trial

Recent Business

breaking_news
Côte d’Ivoire Inflation Slows to 0.5 %, a Five‑Year Low
18/04/2025
1 day ago
Kingsley Kobo
Read More »
generic-1-1024x683
Egypt Cuts Key Rates by 225 Basis Points, Opening a Long‑Awaited Easing Cycle
17/04/2025
1 day ago
Justice Nwafor
Read More »
guilherme-cunha-4zwozQxDbD4-unsplash-2
Contract Impasse Halts $650 Million Temane Gas Plant in Mozambique
17/04/2025
2 days ago
Samuel Come
Read More »

Recent Politics

generic-1-1024x683
Militant Group Claims Pipeline Attacks in Niger Delta, Escalating Political Tensions
14/04/2025
5 days ago
Dulue Mbachu
Read More »
yonko-kilasi-juex154AuVA-unsplash
Kenya Moves to Broaden Money Laundering Oversight in Exit Bid
21/03/2025
4 weeks ago
Herald Aloo
Read More »
generic-1-1024x683
Tinubu’s Emergency Rule in Rivers Sparks Constitutional Backlash
19/03/2025
1 month ago
Dulue Mbachu
Read More »

Latest Posts

Latest news insights

breaking_news
Read More »
Côte d’Ivoire Inflation Slows to 0.5 %, a Five‑Year Low
generic-1-1024x683
Read More »
Egypt Cuts Key Rates by 225 Basis Points, Opening a Long‑Awaited Easing Cycle
guilherme-cunha-4zwozQxDbD4-unsplash-2
Read More »
Contract Impasse Halts $650 Million Temane Gas Plant in Mozambique
generic-1-1024x683
Read More »
AFC Pledges €900 Million to Fast‑Track Senegal’s Vision 2050
generic-1-1024x683
Read More »
Egypt Cuts Key Rates by 225 Basis Points, Opening a Long‑Awaited Easing Cycle
guilherme-cunha-4zwozQxDbD4-unsplash-2
Read More »
Contract Impasse Halts $650 Million Temane Gas Plant in Mozambique
generic-1-1024x683
Read More »
AFC Pledges €900 Million to Fast‑Track Senegal’s Vision 2050
breaking_news
Read More »
China’s Zijin Mining seals $1bn acquisition of Ghana’s Akyem Gold Mine in global expansion push
guilherme-cunha-4zwozQxDbD4-unsplash-2
Read More »
Contract Impasse Halts $650 Million Temane Gas Plant in Mozambique
generic-1-1024x683
Read More »
AFC Pledges €900 Million to Fast‑Track Senegal’s Vision 2050
breaking_news
Read More »
China’s Zijin Mining seals $1bn acquisition of Ghana’s Akyem Gold Mine in global expansion push
jakub-zerdzicki-8wLZi9OhsWU-unsplash
Read More »
Ghana Unveils Sweeping VAT Overhaul as Part of IMF-Backed Fiscal Reforms