President John Evans Atta Mills has called on developed nations to support the World Bank Group’s bid for a capital increase in order to boost the Bank’s funding capacity for low income countries.
He made the call during a meeting with the World Bank’s Managing Director, Ngozi Okonjo-Iweala.
A statement signed by the Head of Communications at the Presidency, Koku Anyidoho quoted the president as saying; “The World Bank Group has been a key partner in helping Ghana and other countries on the African Continent navigate through the current financial crisis. Even though we have seen some positive results in managing the crisis, it is important that developed nations act to ensure the World Bank Group has all the resources needed”
“The World Bank must be fully capitalized to enable it continue to support developing nations; especially nations on the African Continent”. President Atta Mills added.
On her part, Ngozi Okonjo-Iweala expressed the Bank’s support for Ghana’s 2010 budget and Government’s commitment and effort to protect the poor and vulnerable.
The World Bank President also commended Government’s agenda of encouraging commercial agriculture as a means of creating jobs and growing the economy.
Ngozi Okonjo-Iweala assured President John Evans Atta Mills of the Bank’s continued support for Ghana’s economic growth and development agenda.
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