Africa Update: Ghana GDP growth rises to 9.0% in Q2 2017

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Africa Update: Ghana GDP growth rises to 9.0% in Q2 2017

Ghana’s gross domestic product (GDP) growth was 9.0 percent in the second quarter of 2017 compared to 6.6 percent in the previous three months, the statistics office said on Wednesday.

For years, Ghana’s economy grew at around 8 percent per year, but it slowed sharply in 2014 due to lower prices for its commodity exports and a fiscal crisis that forced the government to sign a $918 million credit programme with the International Monetary Fund.

The growth figure is subject to revision, the statistics office said.

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