The economy registered positive growth in 2018, albeit at a slower rate than in the year prior. Real GDP expanded 5.4% year-on-year (y-o-y) in the first half of 2018 compared to 7.8% in the same period of 2017, according to the budget statement presented to Parliament in November 2018. Momentum picked up between July and September, when GDP...
How do you assess the public sector’s institutional capacity in maintaining macroeconomic gains?
Global trade faces protectionist headwinds that are dampening the outlook for growth in the coming years. According to the World Trade Organisation, trade volume grew by 4.7% in 2017 and is expected to have moderated slightly to 4.4% in 2018 and dip to 4% in 2019. Although growth will fall below the 4.8% average seen since 1990, it is still...
Ghana’s bid to increase the nation’s solar capacity is taking place across a number of fronts. Most of this capacity is derived from the 20-MW photovoltaic (PV) plant operated by independent producer BXC Ghana. The government has expressed its determination to end reliance on kerosene lanterns in rural regions – which are known to be...
The year 2018 was trying for the Ghanaian economy, with plans to schedule an exit from an IMF credit deal by year-end, ongoing fiscal and monetary reforms, and an historic consolidation agenda for the banking sector. Despite the scope of adjustments, sentiment among the business community has remained robust, with 93% of respondents having...
Stay updated on how some of the world’s most promising markets are being affected by the Covid-19 pandemic, and what actions governments and private businesses are taking to mitigate challenges and ensure their long-term growth story continues.
Register now and also receive a complimentary 2-month licence to the OBG Research Terminal.
Register Here×