Ghana recovering faster than expected, says governor Addison

Ernest Addison
Bank of Ghana governor, Ernest Addison
Photo: Steven Adusei

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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