The World Bank has approved $360 million to support Ghana’s effort to restore macroeconomic stability.

The amount approved by the Executive Board of the World Bank under the Inter­national Development Association (IDA) for the Second Resilient Recovery Devel­opment Policy Financing, is to support the economy to build sustainable and resilient economic growth for job creation.

The World Bank in a statement on the financial support to Ghana copied to The Ghanaian Times in Accra yesterday said “The successful implementation of reform actions under the International Monetary Fund programme and the Development Policy Operations (DPO) series has strengthened macroeconomic stability, restored investor confidence, and laid a solid foundation for sustained economic recovery and inclusive growth.”