Ghana’s Economy Is On A Rebound – Dr. Ernest Addison

Ghana’s Economy Is On A Rebound – Dr. Ernest Addison The Ghanaian economy is on a rebound with a sustained momentum in pick-up in economic activity, Governor of the Bank of Ghana (BoG) Dr Ernest Addison, has said. He explained that the Bank’s updated Composite Index of Economic Activity (CIEA) recorded an annual growth of 13.9 percent in January 2021, the highest since December 2019, compared to 3.4 percent in the corresponding period of 2020. The key drivers of economic activity during the period were construction, imports, industrial consumption of electricity, domestic Value Added Tax (VAT), passenger arrivals at the airport, and port…