Finance

World Bank Group Managing Director pledges support for key sectors in Ghana

He noted that the World Bank had significant experience in agricultural transformation and was well-positioned to assist Ghana in evolving its agricultural sector.

Mr Zhang, who is also the Chief Administrative Officer of the World Bank Group, made the commitment during a courtesy call on Dr. Cassiel Ato Forson, Minister for Finance, on Friday.

The meeting focused on deepening cooperation between Ghana and the World Bank in critical areas such as agriculture, transportation, and energy.

He also disclosed that the Bank was currently working on initiatives aimed at boosting Ghana’s energy sector.

Dr. Forson appealed to the World Bank for increased support in these sectors, which he described as essential to the country’s long-term economic growth and development.

He also proposed the establishment of a World Bank regional hub in Ghana to enhance collaboration and facilitate the timely implementation of development projects.

The visit forms part of ongoing engagements between Ghana and the World Bank aimed at strengthening development cooperation and driving inclusive economic growth.

Source: GNA

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