ACCRA (Reuters) – Ghana’s economy grew 4.9% year-on-year in the first quarter of 2020 compared with 6.7% in the same period last year, provisional data from the state statistics service showed on Wednesday.
Ghana has had one of Sub-Saharan Africa’s fastest-growing economies in recent years, but the central bank last month downgraded its 2020 growth forecast to between 2% and 2.5% from an earlier expectation of 6.8% due to the impact of the coronavirus pandemic. The economy grew 6.5% in 2019.
The Pilot is dedicated to taking credible journalism to the next level. Story sections are tailored to variety of consumers based on their social, political, and economic interests. As an operational charge, we connect a variety of people, politics, and cultures worldwide through our news outlets, digital and studio content, television, film, live events, products, production and more. For major story tips, you may contact us directly at pilot@westafricanpilotnews.com
Latest posts by Pilotnews (see all)
- Anambra 2025 Governorship Election Might Be an Open Contest - April 24, 2024
- Anambra Assembly Passes Bill To Prohibit Secret Cults - April 24, 2024
- 2024 Aguata NBA Law Week: AG, Prof. Ifemeje Touts Landmarks and Expectations - April 19, 2024
previous
Acknowledging 'Racial Stereotype,' PepsiCo to Drop Aunt Jemima Name, Brand
next
