Ghana’s economy has come back to life - Finance Minister

Ghana's Finance Minister Mohammed Amin Adam has announced that the country has fully recovered from its recent economic challenges.

According to him, this positive outlook is backed by impressive growth numbers, with Ghana surpassing its 2023 economic growth target of 2.8% and continuing to make significant progress in 2024.

Speaking at a rally in Saboba in the Northern Region, the Finance Minister expressed his optimism about Ghana's economic future, stating that the country is firmly on the path to sustained growth. He noted that macroeconomic stability is rapidly returning, with key indicators improving daily.

“Ghana’s economy has come back to life following the difficulties we faced in the last three years. Macroeconomic stability is fast returning to our country. We all can see the indicators improving by the day.

“And now we want to focus on growth, economic growth, which has also already demonstrated that the economy has recovered strongly. Last year, we were supposed to grow at 1.5 percent, but we grew at 2.9 percent. Half this year, we were supposed to grow at 3.1 percent, but we grew at 5.8 percent,'' he stated.

Source: Lead News Online