Search

Ghana Revises Economic Targets Following Debt Restructuring

Allen dreyfus Logo
© Allen Dreyfus
  • GDP growth revised upwards from 2.8% to 3.1% for 2024
  • Fiscal deficit target adjusted from 4.8% to 4.2% of GDP

Accra, Ghana – The government of Ghana has revised its macroeconomic and fiscal targets in light of recent economic developments and the conclusion of its external debt restructuring talks.

Overall GDP growth has been revised upwards from 2.8% to 3.1%, with non-oil GDP growth adjusted from 2.1% to 2.8%. Data from the Ghana Statistical Service indicates the economy grew by 4.7% in the first quarter against a target of 3.1%.

Recent Business

People selling fresh fruits at the market in Addis Ababa, Ethiopia. Photo by Atypeek Dgn @Pexels
How $163mn in EU support is rekindling its strained partnership with Ethiopia
Read More »
Shipyard on the Suez. Photo by Eric Seddon @Pexels
Egypt’s industrial bet: Can the Suez Canal Economic Zone replace lost canal revenues?
Read More »
A woman selling in the market. Photo by B. Aristotlè Guweh Jr @Pexels
South Africa’s inflation puzzle: Markets see calm, households feel the squeeze
Read More »

Recent Politics

Nigerian youth on the street. Photo by Salem Ochidi @ Unsplash
Treason case lays bare Nigeria’s hidden power struggles under Tinubu
Read More »
Benin Finance Minister Romuald Wadagni. Photo @Romuald Wadagni/Facebook
Benin election 2026: From fiscal discipline to political delivery - Wadagni’s real test begins
Read More »
Kinshasa, Democratic Republic of Congo. Photo by Johnnathan Tshibangu @ Unsplash
Why DR Congo is taking in US deportees — and what Africa gains or risks
Read More »

Latest Posts

Latest news insights