'Our Nation Has Suffered An Unnecessary Loss' - Prez Akufo-Addo On Adentan Knockdown :: WWI centenary: France’s Macron and UK’s May honour the fallen at Battle of the Somme :: How a Konongo Bread Hawker Saw A Police Advert, Applied And Rose To Be Ghana’s 1st Female CID Boss :: Africa Imports $35 Billion Worth Of Food Despite… - Finance Minister :: Here's How A Christian Woman Should Dress According To The Bible :: Princess Shyngle Lists Men She Has Dated And Those She Intends To Date :: If Confirmed That Becca’s Husband Is Already Married I Will Kill Him — Zapp Mallet :: Isaac Dogboe Demolishes Otake In Round 1, Retains 122-Pound Belt (VIDEO) :: Kwesi Appiah Welcomes Kwadwo Asamoah Back To Black Stars :: Saltpond Benefits From NPP Loyal Ladies Heath Care ::


World Bank Lowers Ghana’s Economic Growth
Posted on: Saturday, January 18, 2014

Ghana’s economy is expected to grow at 7.4 percent this year, that’s according to the World Bank.

This is 0.4 percent lower than government target of 7.8 percent.

In its 2014 Global Economic Prospect report, the Breton Wood institution said Ghana’s growth will further drop to 7.3 and 6.7 percent respectively in 2015 and 2016.

The World Bank also projected 5.3 percent GDP for sub-Sahara Africa this year.

It expects robust domestic demand to continue to support growth in the medium term, despite tighter global financial conditions.

The report however warned that the main risk to the outlook stems from external as well as domestic factors.

Source: RADIOLIVIN

Copyright© Radio Livin 2019 Powered by [ModernGhana.com] | Google+