Economic growth improvementWhen President Nana Akufo-Addo took office in January 2017, Ghana was in a somewhat bad spot. Initial estimates for Ghana’s growth for 2017 came in at 7.9%, an incredible improvement relative to that of 2016. Ghana’s economic growth followed the consolidation of macro-economic stability and implementation of measures to resolve the crippling power crisis. Its new president, President Nana Akufo-Addo, is also seen to be having a positive impact in his country since his election in 2016. According to tralac in June 2017, Ghana’s economic prospects depends on whether Akufo-Addo’s administration can restore fiscal discipline and regain investor confidence.
Source: The North Africa Journal April 16, 2018 13:04 UTC