The World Bank has commended Ghana’s ongoing economic recovery, describing recent gains as a significant turnaround while praising the leadership of Finance Minister Cassiel Ato Forson.
The endorsement followed a high-level engagement in Washington, D.C., where senior officials of the Bank reviewed Ghana’s reform programme and reaffirmed their commitment to deepening collaboration with the country.
The development was disclosed via the official Facebook page of the Ministry of Finance.
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World Bank Regional Vice President for Western and Central Africa, Ousmane Diagana, described Ghana’s progress over the past year as encouraging, pointing to improvements in key economic indicators as evidence of sound policy direction. He reiterated the Bank’s continued support for Ghana’s recovery and long-term development agenda.
Finance Minister Dr. Forson, on his part, noted that 2025 marked a turning point for the economy after a difficult period, stressing that the government is now focused on consolidating gains and restoring sustainable growth.
He indicated that Ghana is gradually moving toward debt sustainability while laying the foundation for a more resilient and inclusive economy.
Further reinforcing the positive outlook, Regional Practice Director for Prosperity (Macroeconomics, Trade and Investment), Seynabou Sakho, praised the Minister’s fiscal discipline and restructuring programme, describing it as exemplary and widely recognised beyond Ghana.
She added that Ghana’s fiscal adjustment strategy has drawn commendation within international development circles.
Also, Regional Practice Director for People (Education, Health and Social Protection), Trina Hague, acknowledged the government’s efforts to protect vulnerable populations despite economic pressures, noting that social intervention programmes have played a critical role in cushioning citizens.
Dr. Forson highlighted key macroeconomic gains, including a sharp drop in inflation from 23 percent to 3.2 percent, improved currency stability, and sustained investment in social protection initiatives.
He further outlined the next phase of reforms, which will prioritise agriculture, energy, education, and infrastructure to consolidate stability and accelerate inclusive growth.
The Ministry of Finance noted that the engagement forms part of ongoing efforts to strengthen cooperation with development partners as Ghana advances its economic recovery agenda.