Ghana recovering faster than expected, says governor Addison
Growth has bounced back to double figures and inflation expected to hit target by mid-2021
The monetary policy committee of the Bank of Ghana voted to leave interest rates unchanged today (November 23) following signs the economy was recovering faster than expected.
In a statement, governor Ernest Addison noted that annual growth, after contracting in the first half of the year, had rebounded to 10.5% in September, compared with 4.2% last year.
“Improved consumer and business confidence, and strong liquidity flows have helped to deliver a faster than expected recovery in economic
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