exports and imports

Ghana’s overall exports and imports decline due to poor oil performance

Ghana’s overall exports and imports decline due to poor oil performance

The value of Ghana’s total exports decreased to 9.6 billion dollars in the first eight months of 2020, from the 10.6 billion dollars recorded in the same period last year. This is contained in the Bank of Ghana’s Summary of Macroeconomic and Financial Data for September 2020. The report also showed a decrease in total imports from 9.1 billion dollars in the first eight months of 2019, to 8.3 billion dollars for the same period this year. The report attributes the decrease mainly to the impact of COVID-19 on oil prices. According to the data, the country received 9.6 billion…
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