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Chapter | Table of contents from The Report: Ghana 2022
Chapter | Capital Markets from The Report: Ghana 2022
The authorities have worked in recent years to increase the depth and breadth of the country’s capital markets, introducing fixed-income, commodity and small business-focused exchanges. Although trading activity was suppressed in 2020, as investors shifted from equities to comparatively lower-risk options such as government bonds, it experienced a healthy rebound in 2021 as the wider economy...
Moves prior to the Covid-19 pandemic to shore up the banking sector proved prescient, as they put local institutions in an advantageous position to face the unique challenges posed by the health crisis. After a sector clean-up, both assets and deposits rose as asset quality improved, and higher minimum capital requirements ensured that banks were more resilient to shocks. This positive trend...
In the years preceding the pandemic, Ghana recorded robust GDP growth, which jumped...
Chapter | Country Profile from The Report: Ghana 2022
With its tropical climate and overall low elevation due to the Volta Basin covering...
As Africa’s largest gold miner and the world’s second-largest cocoa producer, Ghana has witnessed steady growth in recent years. While the country was impacted by the Covid-19 pandemic, it navigated the crisis better than many of its income-level peers, in large part thanks to measures aimed at boosting public revenue. Ghana aims to improve its fiscal deficit in 2022 to 7.4% of GDP.