World Bank downgrades Ghana's energy recovery programme to 'Unsatisfactory', cites Finance Ministry fiscal controls and election-related delays

WIRE — The World Bank has downgraded Ghana's Energy Sector Recovery Programme from "Moderately Satisfactory" to "Unsatisfactory", saying implementation has fallen behind schedule because of financing constraints, election-related disruptions, new procurement controls and delays by implementing agencies. In its latest implementation report dated June 30, 2026, the Bank said a lack of Commitment Authorizations from the Ministry

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