
The World Bank has firmly dismissed speculation regarding the status of its funded projects in Ghana.
In an official statement released today, the global financial institution asserted, “No projects in the World Bank-financed portfolio in Ghana are currently suspended.”
This clarification follows recent concerns and reports suggesting that some World Bank-backed initiatives in the country may have been halted due to financial or governance issues.
Reassuring stakeholders including government agencies, development partners, and beneficiaries the statement affirms that all projects under the World Bank’s portfolio in Ghana remain active and operational.
As a key development partner for Ghana, the World Bank funds projects in vital sectors such as infrastructure, education, healthcare, agriculture, and energy.
Any disruption to these projects could have serious economic and social consequences, impacting livelihoods, service delivery, and the country’s overall development agenda.
The statement appears to be aimed at easing uncertainty, especially as Ghana works to recover economically and bolster investor confidence.