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Friday, June 6, 2025

Ghana signs grant agreement of GH¢28 million with Japan to boost human capital development

Dr Ato Forson signs grant agreement with Japan Dr Ato Forson signs grant agreement with Japan

Ghana and Japan have signed a grant agreement valued at ¥402 million (equivalent to GH¢28.619 million) under the Japanese Grant Aid for the Human Resource Development Scholarship (JDS) Programme.

The Ministry of Finance held the signing ceremony on June 3, 2025, as it marks the launch of the third batch of the fourth phase of the programme.

The Minister of Finance, Dr Cassiel Ato Forson, noted that the programme aligns with Ghana’s ongoing efforts to strengthen institutional capacity and build a resilient, knowledge-driven public sector.

Dr Forson also provided updates on Ghana’s economic outlook.

He stated that Ghana’s sovereign credit ratings are expected to improve soon, reflecting the country’s progress toward economic recovery.

Executive Senior Vice President of the Japan International Cooperation Agency (JICA), Miyazaki Katsura, who led the Japanese delegation, acknowledged Ghana’s request and reaffirmed Japan’s commitment to long-term development cooperation.

She emphasised the strategic importance of the JDS Programme in preparing Ghanaian professionals for leadership and institutional reform.

The ceremony concluded with the signing of the grant agreement, reinforcing the strong bilateral partnership between Ghana and Japan and paving the way for expanded cooperation in both human capital and infrastructure development.

SSD/AE

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