Ghana's Economy Surges 6.9% in Q2 2024, Fastest in Five Years
Wednesday, 18 September 2024, 04:33
The Surge in Economic Growth
Ghana's economy has surged by 6.9% year-on-year in the second quarter of 2024, achieving its fastest growth rate in the last five years. The growth was supported by robust performance across multiple sectors.
Key Contributors to Growth
- Agriculture: Strong outputs in cocoa and food production.
- Services: Enhanced performance in telecommunications and financial services.
- Manufacturing: A significant uptick in industrial activity.
Future Outlook
With this impressive growth, Ghana's economic prospects look promising. Analysts forecast that if these trends continue, the country could maintain an upward trajectory throughout 2024.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.