Ghana Economy

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Following the passage of the Companies Act 2019 (Act 992), Ghana is stepping up efforts to pass a new insolvency law by the end of the year, as part of measures to further improve the business environment.

How do you expect Ghana’s outsourcing industry to develop?

Expanding industrial output, including from its extractive industries, helped Ghana maintain economic momentum throughout 2018, with the prospect of a similar performance in the coming year.

Ghana’s newly rebased GDP presents a larger and more diverse economy, with greater appeal for lenders and investors.

Rising industrial and energy output, along with steady declines in inflation and debt levels, combined to support accelerated growth in Ghana in 2017, and continued fiscal reforms point to a positive outlook for 2018.

A multi-pronged drive to formalise the Ghanaian economy took a major step forward recently with the nationwide introduction of a Digital Address System.

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