Ghana's Economic Recovery and the World Bank | PM Business with George Wiafe (15-8-24)

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Ghana's Economic Recovery and the World Bank | PM Business with George Wiafe (15-8-24)


Ghana’s Economic Recovery and the World Bank | PM Business with George Wiafe (15-8-24)

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7 Comments

  1. Dear World Bank

    I hope this message finds you well. I am writing to express deep concerns as a citizen of Ghana regarding the World Bank's recent decision to extend financial support to the government of Ghana. There is widespread dissatisfaction among the Ghanaian populace regarding this decision, especially in light of the current administration's questionable track record in managing previous funds.

    Many Ghanaians are troubled by the government's lack of transparency and accountability, and there is a growing perception that corruption is rampant within the current administration. The inability to account for previous funds allocated by international bodies like the World Bank raises serious concerns about the efficacy and integrity of any further financial assistance.

    In light of these concerns, it is difficult to understand why the World Bank would proceed with additional financial support before the upcoming elections, where a change in leadership might bring about a more stable and accountable governance structure. The current administration's failure to manage the economy effectively has left many Ghanaians frustrated and disillusioned, and there is a strong sentiment that any new financial assistance could be mismanaged.

    I urge the World Bank to reconsider its decision and to take into account the voices of the Ghanaian people. Perhaps it would be more prudent to wait until after the elections, when there might be a clearer picture of the country's political and economic future, before making any further financial commitments.

    Thank you

  2. Ghana is now on the same level as Liberia and Sierra Leone in terms of macroeconomic indicators, despite not reaping the benefits of the political stability it has enjoyed. That speaks volumes and very appalling

  3. The reason African countries can not progress is because of IMF and the World Bank. They don't want you to progress because they want to use your resources for the Western world.