Tag: GDP growth slowdown
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Unresolved power crisis will set Ghana’s economy back by 3 to 5 years – Economist
Economist Dr. Adu Owusu Sarkodie says it will take Ghana 3 to 5 years to recover if authorities allow recent power outages to worsen amid the COVID-19 pandemic. Provisional figures released by the Ghana Statistical Service show that the impact of COVID-19 on the Ghanaian economy was worse than anticipated, as the economy grew by…
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Struggling industry slowed Ghana’s economic growth rate in 2020 – GSS
Provisional figures released by the Ghana Statistical Service show that Ghana’s economy grew by 0.4% in the year 2020. The figure which was released by the Government Statistician, Professor Samuel Kobina Annim as part of a lecture at the University of Cape Coast, represents a slower growth rate than what was projected by the International…