Ghana’s economic performance improved significantly in 2017 after a difficult 2016. The fiscal deficit dropped to 6% of gross domestic product (GDP) in 2017 from 9.3% in 2016, underpinned by serious fiscal consolidation efforts. According to the Ghana Statistical Service latest numbers released in April 2018, Ghana’s economy is estimated to have expanded by 8.5% in 2017 from 3.6% a year ago driven by the mining and oil sectors.
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