Accra: The World Bank Group has committed to investing over $3 billion in Ghana's economy to enhance economic growth, with a focus on agriculture, energy, education, and private sector development. "We are working with the government and with your private sector to look at how we can support them in investment and in lending," Mr. Paschal Donohoe, Managing Director of the World Bank Group, said on Wednesday.
According to Ghana News Agency, during an engagement in Parliament with Mr. Bernard Ahiafor, the First Deputy Speaker of Parliament, Mr. Donohoe emphasized the Bank's commitment to building a long-term, sustainable relationship with Ghana. He cited plans to publish a report on growth and jobs, investing in agriculture, irrigation, transport, and training to create jobs as key areas of focus.
Mr. Donohoe highlighted the partnership with Ghana as a shared ambition for the country's economy and its people. He also underscored the Bank's ongoing investment in education aimed at equipping young people with skills for the future. "What we want to do is to continue to engage with your government and how we can build this relationship," he stated.
Additionally, Mr. Alexander Kwamena Afenyo-Markin, the Minority Leader, called for structured equal inclusion of both Minority and Majority Committee members in capacity-building initiatives. Meanwhile, Mr. Mahama Ayariga, the Majority Leader, welcomed the investment in agriculture and urged the private sector to leverage the stability to expand and create jobs.