Frank Laporte

World Bank: Ghana Likely To Receive First Tranche Of $300 Million By September If … – Frank Laporte

World Bank: Ghana Likely To Receive First Tranche Of $300 Million By September If … – Frank Laporte

World Bank Country Director to Ghana, Pierre Frank Laporte, says Ghana is likely to receive the first tranche of $300million from the World Bank if the two are able to finally reach an agreement on the conditionality. According to him, the government needs to present a strong reform package before the World Bank will release the $300 million facility which is expected to serve as budget support. The $300 million is the first tranche of a $1.1 billion facility the World Bank has extended to Ghana over a four-year to support the country’s budget while it’s under the IMF programme.…
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