World Bank Releases $360m to Ghana Under Second Resilient Recovery Programme
The World Bank has disbursed $360 million to Ghana under its International Development Association (IDA) facility, providing fresh budgetary support to reinforce the country’s economic recovery efforts.
The disbursement, effected on Thursday, September 11, 2025, comes under the Second Resilient Recovery Development Policy Financing operation, approved by the World Bank Board in June 2025 and ratified by Ghana’s Parliament in July.
According to the Bank, the financing aims to help restore macroeconomic stability, promote job creation, and strengthen resilience against future shocks. The facility is also designed to complement reforms being implemented under Ghana’s IMF-supported programme.
The Second Resilient Recovery Development Policy Financing has four core objectives: restoring fiscal sustainability, supporting financial sector stability and private sector development, improving energy sector financial discipline, and strengthening social and climate resilience.
“The reforms supported by this programme will promote fiscal discipline and greater domestic revenue mobilisation, enhance financial sector stability and private investment, and ensure the financial sustainability of the energy sector,” the World Bank noted in its statement.
The package also includes measures to improve social protection systems and integrate climate-related considerations into policy design, fostering inclusive and sustainable growth.
The Finance Committee of Parliament, in its July 2, 2025 report, stated that the loan forms part of a broader World Bank engagement that combines investment lending and technical assistance. It also builds on earlier budgetary support provided under the first Resilient Recovery Development Policy Financing, which sought to cushion Ghana’s economy from post-pandemic shocks.
The disbursement arrives at a critical time for Ghana, which continues to implement fiscal and structural reforms to stabilise the economy, reduce debt vulnerabilities, and position itself for sustainable growth.
