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Turkish earthquake caused roughly $34 billion damage

As reported by the World Bank, the terrible earthquake that struck Turkey on February 6 killed at least 45,000 people, made millions of people...

President of World Bank David Malpass to quit

The President of the World Bank will step down from his post in June, leaving the organisation almost a year before his term was due to...

Parliament should not be exempted from IMF negotiations – Bagbin warns

Ghana’s Speaker of Parliament, Alban Bagbin, has asked the World Bank and the International Monetary Fund not to sideline Parliament in their negotiations with...

The World Bank applauds the government’s expenditures and educational initiatives

The Government has received praise for its investments and initiatives in the education sector from Dr. Jaime Saavedra, the World Bank's Global Director for...

Turkey-Syria earthquake: Despair grows as the earthquake toll passes 21,000 due to the freezing weather

Though the UN warned that the extent of the disaster is still not entirely clear, it is now known that more than 21,000 people...

Today in History: The World Bank warns Ghana against borrowing excessively

In 2020, the World Bank warned Ghana that if it continues with its excessive borrowing, it may be labeled a high debt distress country. The...

Ghana paid over $4m for decreasing carbon emissions in forested areas

Following Mozambique, Ghana is now the second country in Africa to receive payments from a World Bank trust fund for lowering emissions from deforestation...

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