The World Bank Group (WBG) has launched a US$4.5 billion Country Partnership Framework (CPF) for Ghana from 2022 to 2026. The CPF was prepared jointly by the World Bank, the International Finance Corporation (IFC), and the Multilateral Investment Guarantee Agency (MIGA) to support Ghana's COVID-19 fight and its medium-term development agenda.
The CPF's focus is on three areas: Enhancing Conditions for Private Sector Development and Quality Job Creation; Improving Inclusive Service Delivery and Promoting Resilient and Sustainable Development.
The partnership framework will address the immediate and medium-term implications of the COVID-19 crisis in line with the Ghana Coronavirus Alleviation and Revitalization of Enterprises Support (CARES) program and lay a path on how the World Bank, IFC, and MIGA will leverage their relative strengths to partner with Ghana for stronger development outcomes.
The CPF will prioritize investments in human capital, job creation, economic diversification, building a resilient health system, and fostering a greener and more inclusive society.
Through the CPF, the World Bank will support policies and programmes that aim to scale up digital transformation and promote greater inclusion, including strengthening women's economic empowerment.
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