World Bank Releases $360 Million to Boost Ghana’s Economy

The World Bank has disbursed $360 million from its International Development Association (IDA) for Ghana.

The disbursement is coming under the Second Resilient Recovery Development Policy Financing operation, to support the Government of Ghana’s efforts to restore macroeconomic stability and reinforce the foundations for more sustainable and resilient economic growth for job creation.

This was after the World Bank board approved the facility in June 2025, which was later ratified by Ghana’s parliament in July, 2025.

Details of the financial support

JOY BUSINESS understands that the disbursement was done today, 11 September, 2025.

The disbursement coming under the Second Resilient Recovery Development Policy Operation is part of a broad World Bank engagement for crisis response and resilience in Ghana.

It is also expected to support the country’s post-crisis economic recovery and long-term resilience.

 Its objectives are to:

1) Restore fiscal sustainability;

2) Support financial sector stability and private sector development;

3) Improve energy sector financial discipline; and

4) Strengthen social and climate resilience.

Other areas of support

According to the World Bank, the specific reforms supported by the programme will promote fiscal discipline and greater domestic revenue mobilisation, enhance the stability of the financial sector and promote private investment for private-sector-led growth.

It will also support measures to improve the financial sustainability of the energy sector, ensuring efficient management and operations.

Additionally, the programme will invest in reforms to bolster social resilience and integrate climate-related considerations into public policy, fostering sustainable development.

The Finance Committee report on July 2, 2025, stated that the loan forms part of a World Bank support package to Ghana, which also includes investment lending and technical assistance.

It complements earlier budgetary support under the first Resilient Recovery DPF and is designed to reinforce ongoing reforms under Ghana’s IMF programme.