IMF revises Ghana’s growth rate upwards 

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IMF revises Ghana’s growth rate upwards 

The International Monetary Fund (IMF) has revised Ghana’s growth rate for 2024 to 4 percent from 3 percent.  Director of the African Departme

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The International Monetary Fund (IMF) has revised Ghana’s growth rate for 2024 to 4 percent from 3 percent. 

Director of the African Department, Abebe Selassie, disclosed this during the launch of the Regional Economic Outlook report in Washington DC on the sidelines of the IMF/ World Bank Meetings. 

Mr. Abebe noted that the three percent projection as captured in the World Economic Outlook was based on mid April 2024 data and did not factor in recent developments in Ghana.

Mr. Abebe said the government needs to remain firm and ensure that it secures the best possible deal from non-Eurobond commercial creditors for the benefit of the people of Ghana.