Business News of Thursday, 16 September 2021Source: www.ghanaweb.com• Prof. Quartey has described recent economic growth rate estimates as encouraging• He believes the growth can hit an average of 5% GDP by end of 2021• The GSS says the economy expanded by 3.9% in the second quarter of 2021Director of the Institute of Statistical, Social and Economic Research, Professor Peter Quartey, has described recent economic growth rate estimates as encouraging. This comes after the Ghana Statistical Service on Wednesday, September 15, 2021, announced Gross Domestic Product growth estimates indicating the economy expanded by 3.9% in the second quarter of 2021. “The 3.9% growth rate is quite positive and encouraging. Then if you even look at the non-oil growth rate of 5.2%, it clearly tells you that the economy is certainly recovering. “That is positive and I think they [government] should continue to invest in the real sector in order to realise targeted growth rate for 2021,” he added.

Source: GhanaWeb September 16, 2021 18:00 UTC