Tag: GDP
Business
Ghana witnessed 2.9% GDP growth in 2023 – Amin Adam
During the Ministry of Finance's monthly briefing on Friday, May 24, Finance Minister Dr. Mohammed Amin Adam unveiled Ghana's Gross Domestic Product (GDP) growth...
Business
3% GDP growth rate for Ghana in 2024 – World Bank predicts
The World Bank anticipates Ghana's Gross Domestic Product (GDP) to grow by approximately 3% by the end of 2024, as outlined in the April...
Business
Please don’t scrap e-levy – GRA to political parties
Amid promises from political parties to abolish the Electronic Transfer Levy (E-Levy) following the 2024 general elections, Charles Addae, the Assistant Commissioner of the...
Business
Debt-to-GDP is 66% – Bawumia
Vice President Dr Mahamudu Bawumia has noted that Ghana's debt-to-GDP ratio as of 2023 stood at 66.4 percent.This is marginal growth following the 76.6%...
Business
Ghana’s GDP expanded by 2.0% in third quarter of 2023 – Ofori-Atta
Recent provisional figures from the Ghana Statistical Service (GSS) has revealed a 2.0% expansion in the economy during the third quarter of 2023.This...
World
Irish economy stronger than data indicates – Think tank
Ireland's economy is doing well, even though the main GDP numbers may not show it, according to a top research group. The Irish economy's...
Business
Ghana’s trade balance surges to US$2.058 billion, representing 2.7% of GDP
Ghana's trade balance witnessed significant growth, reaching US$2.058 billion in October 2023, equivalent to 2.7% of the Gross Domestic Product (GDP).According to the...
Business
Fitch projects Ghana’s debt to GDP to fall to 87% by end of the year
Fitch, the rating agency, forecasts that Ghana's public debt will decrease to 87% of Gross Domestic Product (GDP) by the close of 2023, down...
Business
GDP contribution by SOEs rises to 10% – SIGA
In 2022, state-owned enterprises (SOEs) significantly contributed to Ghana's Gross Domestic Product (GDP), accounting for GHȼ58.2 billion, which amounts to 10 percent.This marks...
Independent Africa
IMF cuts North Africa’s 2023 real GDP growth forecast
The annual IMF-World Bank meetings are currently taking place in Morocco, but the conflict between Israel and Hamas has put a shadow over them...