The World Bank has citied speculations about it halting its funded projects in Ghana indefinitely.
According to the World Bank, all such assertions should be treated as falsehood and they have taken no such actions.
In an official statement released today, the global financial institution asserted, “No projects in the World Bank-financed portfolio in Ghana are currently suspended.”
The World Bank‘s response comes on the back of recent allegations of they suspended their initiatives in Ghana due to the government’s decision to terminate the appointment of all public sector workers employed after December 7, 2025.
Heads of government institutions have been ordered to nullify all appointments made by the erstwhile Akufo-Addo administration after December 7, 2024.
This directive came from the Chief of Staff, Julius Debrah.
The directive was contained in a circular dated February 10, 2025, and addressed to all Heads of Government Institutions.
“Consistent with Government pronouncement in relation to near end of tenure appointments and recruitments, I wish to bring to your attention that all appointments and recruitments made in the Public Services of Ghana after 7th December, 2024 are not in compliance with established good governance practices and principles,” Julius Debrah wrote.
He therefore directed that, “accordingly, all Heads of Government Institutions are hereby requested to take the necessary steps to annul any such appointments or recruitments and submit a comprehensive report on the actions taken to this Office by 17th February 2025.”
“Your cooperation in this matter is highly appreciated,” he urged.
Reassuring stakeholders including government agencies, development partners, and beneficiaries the statement affirms that all projects under the World Bank’s portfolio in Ghana remain active and operational.
As a key development partner for Ghana, the World Bank funds projects in vital sectors such as infrastructure, education, healthcare, agriculture, and energy.
Any disruption to these projects could have serious economic and social consequences, impacting livelihoods, service delivery, and the country’s overall development agenda.
The statement appears to be aimed at easing uncertainty, especially as Ghana works to recover economically and bolster investor confidence.
