Tag: Bank of Ghana’s Summary of Macroeconomic and Financial Data
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Trade surplus hits $1.87 billion in October
Latest figures from the Bank of Ghana indicate that Ghana’s total balance of trade recorded a surplus of 1.87 billion dollars in the first ten months of the year. This, according to the Central Bank’s Summary of Economic and Financial Data is equivalent to about 2.8% of Gross Domestic Product (GDP). The surplus recorded is…
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Impact of COVID-19 on commodities continues to cause decline in exports
Latest data from the Bank of Ghana’s Summary of Macroeconomic and Financial Data for the period ending February 2021 shows the value of Ghana’s total exports decreased to about 2.5 billion dollars in February 2021, from the about 2.8 billion dollars recorded during the same time in 2020. An estimated 2.2 billion dollars was spent…