Ghana economy slows to 2.9 % year-on-year in Q3 2022 versus Q3 2021 - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

Ghana's Finance Minister Ken Ofori-Atta gestures during a news conference in Accra, Ghana December 13, 2022. REUTERS/Cooper InveenGhana's Finance Minister Ken Ofori-Atta gestures during a news conference in Accra, Ghana December 13, 2022. REUTERS/Cooper Inveen

as Ghana has grappled with runaway inflation, a depreciating local currency and spiraling debt. It is expected to slow to 3.7 % in 2022 and to 2.8 % in2023, Finance Minister Ken Ofori-Atta said during his budget presentation last month. The West African country defaulted on most of its external debt on Monday, the latest event reflecting the dire state of its economy amid efforts to plug a gaping balance of payments deficit.

The government reached a $3-billion staff-level agreement with the International Monetary Fund last week. Its approval is conditional on comprehensive debt restructuring.

Portugal Últimas Notícias, Portugal Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Investing in 2022: Difference between good business and good investment | The CitizenInvesting in 2022 was not for the faint-hearted so the best advice is to expect the unexpected for next year. 💳💰💵Finance Investments Read more below ⬇️
Fonte: TheCitizen_News - 🏆 6. / 75 Consulte Mais informação »