Parliamentary deadlock delays $300M World Bank funding for Ghana
The government has acknowledged that the ongoing parliamentary impasse is obstructing the disbursement of $300 million in critical World Bank funding for Ghana. This funding, part of a larger World Bank support package, is intended to stabilize the economy, finance essential sectors, and address fiscal deficits. However, the unresolved standoff in Parliament has delayed access to the funds. The legislative stalemate stems from a dispute between the two main political parties over which side commands the majority, forcing Parliament into an indefinite recess. Impact of the Impasse Finance Minister Dr. Mohammed Amin Adam highlighted the issue during the Finance Ministry’s...
