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EVEN THE IMF, THE WORLD BANK, ARE ALL SURPRISED BY GHANA’S RAPID ECONOMIC RECOVERY – Finance Minister Reveals

Minister of Finance, Dr. Mohammed Amin Adam has stated that Ghana’s rapid economic recovery is even surprising to the World Bank and the International Monetary Fund(IMF). He noted that the economy has done much better than it had been projected to perform.

 He asserted that prudent management will ensure that the economy will soon be out of the woods given its recent stellar performance.

“I can tell you that this economy is rebounding[recovering] strongly. We are rebounding strongly. And it is surprising the world.  Even the IMF, the World Bank, they are all surprised”, he disclosed.

 “Last year, they projected our economy will grow at 1.5%, we grew at 2.9%. This year in the first quarter of this year, they projected we will grow at 3.1% we grew at 4.7%,” he told the audience at a UK Town hall Meeting last Saturday.

 “This economy will grow, and it will grow faster than everybody thinks,” he stressed.

Ghana sought an International Monetary Fund(IMF) in 2022 to enable the country to deal with its balance of payment challenges.

 

 

 

 

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