Bank Of Ghana Says Economy Showing Signs Of Rebound

Bank Of Ghana Says Economy Showing Signs Of Rebound Despite Ghana’s economy shrinking by 3.2 percent in the second quarter of the year, the central bank says the economy is on a recovery path as its measure of economic activity shows positive signs. “High frequency data available to the Bank of Ghana show some green shoots of rebound in economic activity. From the Bank of Ghana’s surveys in August, consumer confidence is bouncing back strongly and is currently above pre-lockdown levels,” the Governor of the Bank of Ghana, Dr. Ernest Addison, said after the Monetary Policy Committee (MPC) had met…