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General News of Friday, 21 March 2025

    

Source: www.ghanawebbers.com

Standard Bank projects Ghana’s GDP to hit 5.4% in 2025  

Standard Bank has projected that Ghana's GDP will grow by 5.4% in 2025, driven by positive economic developments and robust government initiatives. The bank's outlook suggests that key sectors such as agriculture and services will play a significant role in this growth trajectory. Additionally, the anticipated increase in private sector investments and infrastructure development is expected to further bolster the economy.

The report also highlights ongoing challenges, including inflationary pressures and external economic factors that could impact growth. However, Standard Bank remains optimistic about Ghana's resilience and potential for recovery. By focusing on strategic reforms and enhancing productivity across various sectors, the country aims to navigate these challenges effectively while fostering sustainable economic growth in the coming years.