The World Bank disclosed that only 27% of Ghana's 94,200-kilometre road network is paved, with more than half the roads in fair-to-poor condition. The Bank identified poor road infrastructure as a major constraint to economic growth, competitiveness, and job creation, and called for urgent reforms including operationalisation of the Road Maintenance Trust Fund and development of a unified national transport sector strategy.
26 August 2026 · Joy Online →
The World Bank warned that Ghana's fiscal surplus has been achieved largely through spending cuts, with capital expenditure 38% below the approved budget, raising sustainability concerns. The bank called for reforms that allow fiscal discipline while protecting priority investments and essential public services, noting that underinvestment in capital projects could weaken economic growth prospects.
26 August 2026 · Joy Online →
Ghana's public debt declined sharply from 70.3% of GDP in 2024 to 49% at the end of 2025, three years ahead of the IMF programme timeline, according to the World Bank. The World Bank attributed the reduction to difficult economic decisions under Ghana's economic reform programme, while cautioning that recovery remains "structurally incomplete" if reforms are not sustained.
26 August 2026 · Joy Online →
The World Bank has identified Ghana's transport sector as a major constraint to economic growth, competitiveness and job creation, citing significant gaps in road and rail infrastructure and weaknesses in sector management. The World Bank Division Director noted that Ghana's road network of about 94,200 kilometres faces significant infrastructure and maintenance challenges, while the country's rail network has declined substantially, and fragmented institutional responsibilities hinder effective coordination.
26 August 2026 · Joy Online →
Ghana's operational rail network has declined sharply from 947 kilometres in 1960 to 160 kilometres in 2020, according to the World Bank. The World Bank Division Director said the decline has weakened Ghana's transport system and limited its ability to move people and goods efficiently, and called for urgent revitalisation of the sector, particularly freight-led rail along western and eastern corridors.
26 August 2026 · Joy Online →
The World Bank Division Director for Ghana, Liberia and Sierra Leone has called for far-reaching reforms to the COCOBOD Act to promote market-based principles and reduce financial and operational inefficiencies that are straining farmers and Ghana's public finances. Without reforms in the cocoa and energy sectors, the official warned, fiscal gains from Ghana's economic reform programme could erode.
26 August 2026 · Joy Online →
The World Bank reports that 56.4% of Ghanaians remain in poverty and spatial disparities are widening, despite Ghana's recent economic recovery. The World Bank's Division Director said the country's headline economic growth has not translated into improved living conditions for a significant portion of the population, creating a disconnect between growth and household realities.
26 August 2026 · Joy Online →
The World Bank says delays in implementing Ghana's energy sector recovery programmes cost the country approximately $1 billion annually, putting pressure on public finances. Without decisive action, some fiscal gains from Ghana's economic reform programme could be reversed.
26 August 2026 · Joy Online →
The World Bank says Ghana's economy grew 6% in 2025 and 6.4% in early 2026, with improved macroeconomic stability and reduced public debt, but persistent poverty, weak job creation, and infrastructure gaps threaten sustainability of recent gains.
26 August 2026 · Joy Online →