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General News of Friday, 31 October 2014


Ghana’s economic challenges ‘not unique’ – World Bank boss

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World Bank Group President Jim Yong Kim has downplayed the economic challenges in Ghana, stressing it is normal and “not unique”.

“This is a challenge that many economies in the world are facing including in Europe.”

Dr Kim shared this observation on Thursday, October 30 when he paid a courtesy call on Vice President Paa Kwesi Amissah-Arthur at the Flagstaff House.

He said the World Bank will commit to helping Ghana escape the crisis especially given the “sacrifices” and “generosity” shown by the country in the fight against Ebola.

“We know it is possible and complex but we are not going to take our eye off the ball in terms of supporting the Ghanaian economy,” he stressed.

Dr Kim is in Ghana to reaffirm World Bank’s commitment in the fight against Ebola, which has racked the West African economy.

He announced a $100 million commitment to Ghana in the country's fight against the disease.

Ghana has offered its capital as a staging post for the transport of personnel and equipment to the hardest-hit countries of Liberia, Guinea and Sierra Leone.

“The world holds a huge debt of gratitude to Ghana and we are continuing looking forward to working closely with Ghana to make sure that Ghana has all the support it needs to play this critical role.”

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