200809 Ukrainian financial crisis

Economy To Grow Slowest In 22 Years

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Ghana’s economy is projected to grow the slowest in more than two decades on the back of mounting fiscal challenges, tight monetary policy and disruptions in oil production, the IMF has said in its latest World Economic Outlook report. According to the report, the economy will this year expand by 3.3 percent, the lowest since … Read more

GDP Growth Slumps To 2.5%

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The country’s Gross Domestic Product (GDP) for the second quarter has plummeted to 2.5 percent from the 4.8 percent recorded in the first quarter of 2016, on the back of the technical challenges on the FPSO Kwame Nkrumah which decelerated oil production, the Statistical Service has said. “We saw a 49 percent decline in oil … Read more