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Ghana’s Economy Will Reach Gradual Path To Recovery In 2024

Country Risk / Ghana / Thu 05 Oct, 2023

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  • We maintain our forecast that the Ghanaian economy will expand by 3.0% in 2023 - down from 3.1% in 2022 - as high inflation and fiscal prudence under the country’s IMF programme weigh on domestic demand.
  • In 2024, we forecast that economic growth will accelerate to 3.7% as price pressures ease - due to more favourable exchange rate
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