Ghana leads pack of fastest growing economies - News Summed Up

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Ghana leads pack of fastest growing economies


Business News of Tuesday, 16 April 2019Source: Graphic.com.ghGhana leads pack of fastest growing economiesken Ofori-Atta, Finance MinisterGhana is projected to be one of the two fastest growing economies in the world this year, moving ahead of its peers in sub-Saharan Africa, except the South Sudan. The economies of Ghana and the South Sudan are expected to grow at 8.8 per cent, the fastest any forecast has predicted for this year. The World Bank, however, gives a slightly lower economic growth forecast of 7.6 per cent for Ghana. The Government of Ghana itself is conservative in its growth forecast; it gives a slightly lower projection of 7.2 per cent in the 2019 budget. “The recovery in sub-Saharan Africa is set to continue, supported by the rise in commodity prices.


Source: GhanaWeb April 16, 2019 07:30 UTC



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