The Managing Director of the World Bank Group, Wencai Zhang, has reaffirmed the institution’s commitment to supporting Ghana’s development, particularly in critical sectors such as agriculture, transportation, and energy.
During a courtesy call on Ghana’s Minister for Finance, Dr. Cassiel Ato Forson, Zhang highlighted the World Bank’s extensive experience in agricultural transformation, positioning it to drive growth in country’s agricultural sector.
Dr. Forson emphasized the importance of these sectors in Ghana’s long-term economic growth and development, requesting increased support from the World Bank.
He also proposed establishing a World Bank regional hub in Ghana to enhance collaboration and facilitate timely project implementation.
In addition to sectoral support, the World Bank is working on initiatives to boost Ghana’s energy sector and promote financial inclusion. The Ghana Financial Sector Development Project, for instance, seeks to map financial service providers across the country, enhancing access to financial services for individuals and promoting economic empowerment.
Zhang’s visit underscores the World Bank’s ongoing efforts to strengthen development cooperation with Ghana, driving inclusive economic growth and sustainable development.
