The Board of Directors of the African Development Bank Group has approved a $10.41 million grant to support Ghana’s public financial management and foster more inclusive and climate-resilient growth. Funded by the African Development Fund, the initiative will enhance domestic revenue mobilization, public spending oversight and economic planning, according to official data from the African Development Bank.
Ghana’s economy shows improvement, with GDP growth reaching 5.8% in 2025 and inflation declining to 3.3% in February 2026, based on data from the Bank of Ghana. However, inequalities remain significant. The project will strengthen key institutions to improve fiscal transparency and support private sector development.
