Ghana's economy records strong recovery – Finance minister

Finance Minister, Dr. Mohammed Amin Adam, has announced that the nation's economy has rebounded from recent challenges, exceeding key growth expectations.

Addressing a rally in Saboba in the Northern Region, Dr. Amin Adam highlighted the remarkable strides in economic recovery, emphasising that Ghana's macroeconomic stability is steadily improving.

"The Ghanaian economy has come back to life following the difficulties we faced in the last three years.

"Macroeconomic stability is fast returning; we all can see indicators improving by the day… We want to focus on economic growth. It has also already been demonstrated that the economy has been covered strongly."

He pointed out that the country had outperformed its 2023 growth target of 2.8%, achieving 2.9%.

This upward trend has continued into 2024, with growth in the first half of the year reaching 5.8%, surpassing the projected 3.1%.

Dr. Amin Adam expressed confidence in Ghana's economic future, noting that the nation is now on a solid path toward sustained development.

AM/KA

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