SoNA 2018: Akufo-Addo pleased with GSE performance

President Nana Addo Dankwa Akufo-Addo has expressed pride in the Ghana Stock Exchange, touting it as the best performing exchange in the world for January 2018.

Delivering his 2nd State of the Nation Address in Parliament on Thursday, the President noted that the Ghana Stock Exchange composite index has gained 19 percent since the year began in terms of the US Dollar, the most among benchmarks tracked by Bloomberg.

The report made by Bloomberg makes Ghana one of the fastest-growing economies, he explained.

Ghana’s economy will probably grow 8.3 percent this year, the fastest in the world, the World Bank said in a report earlier this month.

The Central Bank also foresees inflation in a band of 6 percent to 10 percent by the end of the year, down from 11.8 percent in December 2017.