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Prolong Middle East tensions could hurt Ghana’s economy – World Bank warns 

By GhanaSummary Newsroom1 min read
Prolong Middle East tensions could hurt Ghana’s economy – World Bank warns 

The report is on the team “Reset for Growth: Sustaining Macroeconomic Recovery and Unlocking Transport for Transformation” Despite these concerns, the World Bank is projecting that Ghana will end 2025 with a growth rate of 4.” The World Bank was worried that the policy slippages in the energy and cocoa sectors, along with fiscal pressures from extending temporary relief measures such as fuel price interventions, could erode recent macroeconomic gains and jeopardize debt sustainability objectives.

However, the World Bank warned that repeated compression of capital investment, infrastructure maintenance, and social transfers risks eroding the medium-term foundations of the recovery.

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