Ghana’s growth

THE International Monetary Fund (IMF) has revised Ghana’s growth downwards in line with concerns that debt pressures and funding constraints would make it difficult for African economies to expand at full potential this year. The fund cut the country’s growth forecast to 1.6 per cent for 2023 this month, down from 2.8 per cent in October last year. It also cut growth for Nigeria and South Africa to 3.2 per cent and 0.1 per cent respectively in its latest World Economy Outlook (WEO). The WEO, which is published twice yearly, was released on April 11 at the ongoing IMF/World Bank…