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Ghana’s 2024 economic growth projection improves to 3.1% amid signs of stabilization

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The International Monetary Fund, IMF has revised upwards, Ghana’s projected 2024 economic growth from 2.8% to 3.1%. Ghana’s economy grew by 4.7% in the first quarter of 2024, the highest in two years.

According to the IMF, despite a difficult global economic environment, Ghana’s reforms are bearing fruits, and signs of economic stabilization are emerging.

The IMF also identified that growth has proven more resilient than initially envisaged; while Inflation is declining rapidly from its 2022 highs.

WADR’s Naa Dedei Tettey reports.

 

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Ghana’s 2024 economic growth projection improves to 3.1% amid signs of stabilization

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