| Financier | Commitments |
|---|---|
| IDA Shorter Maturity Loan (SML) | 250.00 |
Ghana Financial Stability Project
Abstract*
The Government of Ghana (GoG) has established the Ghana Financial Stability Fund (GFSF) to provide solvency and liquidity support to financial institutions impacted by the debt restructuring. The solvency window of the GFSF will include Fund A1 (to be capitalized by the GoG using IDA credit proceeds from this project) and Fund A2 (capitalized by the GoG). This project will contribute to the government’s efforts to support the recapitalization of viable... Show More
Development Objective
To support the recapitalization of viable banks and specialized deposit-taking institutions to contribute to financial stability.
Key Details
Project Details
P180719
Active
Carlos Vicente , Neema Mwingu
THE REPUBLIC OF GHANA
February 5, 2024
(as of board presentation)
May 30, 2024
N/A
US$ 250.00 million
Ministry of Finance
2024
US$ 250.00 million
N/A
Substantial
June 30, 2028
Yes
BANK APPROVED
May 7, 2023
Finances
Financing Plan (US$ Millions)
Total Project Financing (US$ Millions)
| Product Line | IBRD/IDA |
|---|---|
| IBRD Commitment | N/A |
| IDA Commitment | 250.00 |
| IBRD + IDA Commitment | 250.00 |
| Lending Instrument | |
|---|---|
| Grant Amount | N/A |
| Total Project Cost** | 250.00 |
Summary Status of World Bank Financing (US$ Millions) as of March 31, 2025
No data available.
| Period | Financier | Transaction Type | Amount (US$) |
|---|---|---|---|
| May 30, 2024 | IDA-75680 | Loan Commitment | 250,000,000.00 |
Ratings
IMPLEMENTATION RATINGS
| Name | Review | Date |
|---|---|---|
| Project Management | Satisfactory | 2025-03-27 |
| Overall Implementation Progress (IP) | Satisfactory | 2025-03-27 |
| Progress towards achievement of PDO | Satisfactory | 2025-03-27 |
| Financial Management | Satisfactory | 2025-03-27 |
| Monitoring and Evaluation | Satisfactory | 2025-03-27 |
| Procurement | Moderately Satisfactory | 2025-03-27 |
COMPLETION RATINGS
No data available.
INDEPENDENT EVALUATION RATINGS
No data available.
Results Framework
No data available.