Bank approves Ghana water loan (Bretton Woods Project)

Bank approves Ghana water loan

In August, the World Bank approved a $103 million loan for the privatisation of Ghana's urban water system, two months before the projected board date. While the World Bank has approved the loan, the Ghanaian government has still not formally opened the bidding process. The Ghana National Coalition Against the Privatisation of Water (CAP) says that resistance to the privatisation of water will continue and the ultimate objective is "to ensure that access to potable water is available to all and guaranteed as a human right."

Ghana water privatisation disputed by independent analysts News|Bretton Woods Project|26 November 2002|update 31|url
An international fact-finding mission on plans to reform the water sector in Ghana made its conclusions public before the Annual Meetings of the World Bank and the IMF. read article...
The private sector in Ghana’s water - a strategy to serve or steal? Comment|Rudolf N. Amenga-Etego|22 November 2004|update 43|url
Rudolf Amenga-Etego of GrassrootsAfrica comments that the Ghanaian government must re-prioritise the national budget in favour of the water sector. However, this will only be possible if the international financial institutions are restrained. read article...