{"id":3636,"date":"2024-04-17T06:58:56","date_gmt":"2024-04-17T06:58:56","guid":{"rendered":"https:\/\/sotnews.agency\/?p=3636"},"modified":"2024-04-17T06:58:56","modified_gmt":"2024-04-17T06:58:56","slug":"imf-projects-almost-5-growth-rate-for-ghana-in-2025","status":"publish","type":"post","link":"https:\/\/sotnews.agency\/?p=3636","title":{"rendered":"IMF projects almost 5% growth rate for Ghana in 2025"},"content":{"rendered":"
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\n \t<\/i> Read Time:<\/span>1 Minute, 25 Second <\/div>\n\n <\/div>

The International Monetary Fund (IMF) has projected a robust growth of 4.4% for Ghana in 2025.<\/p>\n

This forecast marks a significant increase from the 2.8% growth projected for 2024.<\/p>\n

The IMF made this announcement in its latest April World Economic Outlook at the ongoing spring meetings in Washington DC.<\/p>\n

It underscores the growing optimism about Ghana\u2019s positive economic trajectory.<\/p>\n

This latest projection by the International Monetary Fund (IMF) positions Ghana ahead of some major economies in Africa in terms of growth rate for 2025.<\/p>\n

The forecast surpasses the World Bank\u2019s projection of 3.3 percent for the same period.<\/p>\n

Ghana\u2019s economic prospects remain promising according to the IMF despite facing various economic challenges, including high debt levels, double-digit inflation rates, and currency instability post-COVID-19.<\/p>\n

The IMF\u2019s confidence in Ghana\u2019s economy can be attributed to the ongoing IMF program, which aims to address several pressing issues such as rising debt levels, inflationary pressures, currency volatility, and overall economic recovery.<\/p>\n

The Fund has noted signs of a strong recovery following Ghana\u2019s participation in the IMF program.<\/p>\n

The latest forecast reflects a 1.6 percent increase from the IMF\u2019s 2024 projection of 2.8 percent for Ghana, aligning closely with the government\u2019s own year-end target.<\/p>\n

However, the IMF anticipates a decline of -2.2 percent in Ghana\u2019s current account balance, which measures trade and financial activities in the country.<\/p>\n

Despite this, the IMF maintains that the overall outlook for Ghana\u2019s economic growth is set for a significant rebound from next year.<\/p>\n

The post IMF projects almost 5% growth rate for Ghana in 2025<\/a> appeared first on Citinewsroom – Comprehensive News in Ghana<\/a>.<\/p>

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The International Monetary Fund (IMF) has projected a robust growth of 4.4% for Ghana in 2025. This forecast marks a significant increase from the 2.8% growth projected for 2024. The… <\/p>\n","protected":false},"author":0,"featured_media":3631,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"facebook_2277560469115098_106292521332774":"","twitter_aToxNzczMzI3Njk4OTg4ODUxMjAxOw==_1773327698988851200":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[10],"tags":[],"class_list":["post-3636","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-politics"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/posts\/3636","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/sotnews.agency\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=3636"}],"version-history":[{"count":0,"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/posts\/3636\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/media\/3631"}],"wp:attachment":[{"href":"https:\/\/sotnews.agency\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3636"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sotnews.agency\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3636"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sotnews.agency\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3636"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}