Pierre Laporte

Long-Term Growth Hinges On Structural Reforms – World Bank

Long-Term Growth Hinges On Structural Reforms – World Bank

On the occasion of End Poverty Day, World Bank Country Director, Pierre Laporte has underscored the importance of structural reforms in securing the country’s long-term economic growth prospects. Speaking at an End Poverty Day event in Accra dubbed ‘Delivering growth to people through better jobs in Ghana’, Mr. Laporte stressed that addressing the current crisis and restoring macroeconomic stability are vital for the nation’s future. “Bolstering long-term growth prospects will require policies that support investment and human capital development, as well as enhancing resilience and crisis-preparedness, especially in agriculture and food systems. Well-targetted investments could create better jobs, lower income…
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Funding For Social Intervention Programmes Could Be Cut If Reforms Are Not Implemented – World Bank Country Director

Funding For Social Intervention Programmes Could Be Cut If Reforms Are Not Implemented – World Bank Country Director

The World Bank Country Director Pierre Laporte has indicated that the bank could be forced to cut or review funding for some of government’s social intervention programmes. He stated that the bank can take such measures if proposed reforms are not taken on board as part of the ongoing International Monetary Fund (IMF) programme review of Ghana’s policies. Mr. Laporte explained that funds meant for country specific cannot be returned to the World Bank. “We will look at the option of re-assigning the funds to another project in Ghana. At the country office, we don’t send monies back to Washington DC…
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