The Finance Minister, Dr Mohammed Amin Adam has announced that Ghana’s economy is showing strong signs of recovery.
At a press briefing on Monday, July 1, Dr Adam highlighted the positive economic indicators for the first quarter of 2024, suggesting a favourable outlook for the rest of the year.
“Growth, as we’ve heard from the previous two distinguished speakers, is proving to be more resilient and robust than initially programmed, and the economy continues to show strong signs of recovery, particularly in the first quarter of 2024,” he stated.
Dr Adam emphasized that the overall macroeconomic environment remains stable as the government continues to implement the IMF-supported program.
“The results have been remarkable. Overall, real GDP growth for the first quarter of 2024 was 4.7%, the highest since the first quarter of 2022. This growth performance surpasses the 3.1% recorded in the same period in 2023.”
He also discussed the …