Ghana: A post-pandemic country on a growth trajectory

Ghana: A post-pandemic country on a growth trajectory

According to the International Monetary Fund (IMF), Ghana will record a 4.7% GDP growth in 2021, after a 0.4% decline in 2020. Heavily affected by COVID-19, the country is making a comeback for economic progress. An economic slowdown in 2020 Ghana is heavily affected by COVID-19. By 2020, the country’s economic indicators have dropped to the minimum level. Yet the country is the second largest economy in the Economic Community of West African States (ECOWAS) after Nigeria. Public debt is rising to 79% of GDP. At the same time, the budget deficit is widening to 15.2% of the economic growth…

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