56534
Ghana GDP Shrinks
Ghana GDP Shrinks

Ghana GDP Shrinks

Ghana GDP Shrinks

Ghana’s gross domestic product, notwithstanding the discovery of oil, has only increased from $28.5 billion in 2008 to a projected $40 billion in 2016, a 40% increase in eight years, according to the New Patriotic Party, Ghanaweb reported. In its analysis of the country’s performance under President John Dramani Mahama, the NPP stated: “In fact, between 2012 and 2016, i.e. during John Mahama’s tenure as president, the economy, in dollar terms, shrunk by 5%.”  The NPP said under the NDC, GDP per capita recorded a growth of 17% from $1,266 in 2008 to a projected $1,481 in 2016 with oil revenues.

 

Short URL : https://goo.gl/RaZh9O
  1. https://goo.gl/nBzHO5
  • https://goo.gl/0jLNMA
  • https://goo.gl/dm9Eq2
  • https://goo.gl/6igMe4
  • https://goo.gl/hq4wwe

You can also read ...

Mastercard Files Patent to Use Blockchain
Mastercard has filed a patent that reveals it might utilize...
Egypt Growth to Reach 5.2%
The International Monetary Fund expects economic growth in...
Indonesia Growth Accelerating
Economic data released so far this year shows a pick-up in the...
In Europe, the Stoxx 600 index edged 0.103% higher by mid-day in Frankfurt, with similar percentage gains for benchmarks around the region.
Global stock markets followed Wall Street higher Wednesday...
Consumers are starting to realize the extent to which digital services profit from their personal information.
Before the threat of a US-China trade war arose, surging stock...
Household waste recycling installation.
The Circular Economy package, with recycling targets and other...
Beijing Moots India-Nepal-China Economic Corridor
China Wednesday proposed a India-Nepal-China economic corridor...
Gold Rally Coming
Be patient when it comes to gold, says one analyst, projecting...

Add new comment

Read our comment policy before posting your viewpoints

Trending

Googleplus