Ghana Receives $360 million from World Bank to Fund IMF Reforms

Ghana has been awarded $360 million by the World Bank in order to further strengthen economic recovery and solidify fiscal stability, in what authorities state is a noteworthy addition to ongoing reforms under the International Monetary Fund (IMF) programme.

The concessional financing, provided under the International Development Association (IDA), has been approved on 27 June 2025 and credited to Ghana's Bank of Ghana accounts yesterday.

It is the second disbursement of World Bank assistance following last year's $300 million payment under the First Resilient Recovery Development Policy Financing (DPO1).

The financing is under the Ghana Second Resilient Recovery Development Policy Facility (DPO2). It will go towards restoring fiscal discipline and stability, deepening the financial system, improving the governance of the energy sector, and developing social and climate resilience. 

The World Bank observed that the series DPO is meant to "restore investor confidence, spur economic growth, ensure macroeconomic stability, and build a more resilient and inclusive economy."

Finance Minister Dr. Cassiel Ato Forson noted that the inflow is a demonstration of international confidence in Ghana's reform programme.

"The successful implementation of reform actions under the IMF programme and the Development Policy Operations has solidified macroeconomic stability, regained investor trust, and set a strong foundation for wide-ranging economic recovery and inclusive growth," he said.

He informed that the government was pledged to fiscal responsibility and building a shock-resistant economy.

The first policy financing package (DPO1), mailed in 2024 and totaling $300 million, was used to shore up public finances in the aftermath of the COVID-19 pandemic.

The assistance was directed toward fiscal sustainability, energy responsibility, financial sector stability, and climate resilience.

The new $360 million release is premised on that foundation and forms part of a broader strategy to align Ghana's reform with IMF programme targets while scaling up social protection and investment in climate-resilient growth.