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Ghana sits on the Atlantic Ocean and borders Togo, Cote d’Ivoire, and Burkina Faso. Its population is of about 31.1 million (2021). Ghana has achieved substantial economic and social progress over the past three decades. It is a lower middle-income country with an annual Gross Domestic Product (GDP) per capita of US$2,063 (2020), and one of the most peaceful countries in the region. Over the past decade, annual economic growth has averaged 5.6 percent and resulted in substantial poverty reduction, as the proportion of the population living on less than US$1.90 per day declined from 23.4 percent in 2005 to 10.5 percent in 2020 bringing Ghana to the forefront of poverty reduction in Africa. Human development indicators, including primary and secondary school enrolment, average life expectancy, stunting, and under-5 years old mortality, have also improved over the past three decades. Political stability, capital accumulation and rising productivity, a large expansion in education and agricultural production, and rapid urbanization, all contributed to the achievement of this remarkable progress. The FY22-26 Country Partnership Framework (CPF) was approved by the World Bank Group Board on February 22, 2022. It is anchored in the government’s ‘Ghana Beyond Aid’ vision, its Coordinated Program of Social and Economic Development Program (CPSEDP), and the Coronavirus Alleviation and Revitalization of Enterprise Support Program (CARES). Consistent with the World Bank Group COVID-19 Response Framework, the CPF seeks to support the Government in managing the COVID-19 crisis’s impact through preserving critical human capital and capabilities while taking the opportunity to build back better for a dynamic and diversified economy, creating job opportunities for a greener, more resilient, and inclusive society. The proposed focus areas are: (i) improving equitable access to services for improved human capital development; (ii) enhancing conditions for diversified growth and quality jobs; and (iii) promoting resilient development.
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