The report said the baseline forecast is for growth to fall from 3.4 per cent in 2022 to 2.8 per cent in 2023, before settling at 3.0 per cent in 2024.
The World Bank Group’s board of executive directors announced that Ajay Banga, a U.S. national, was the only nominee for the position of the bank’s next president.
Ghanaians will vote to choose a new president and National Assembly leaders in 2024.
Nothing less than six banks were attacked on Thursday after the Lebanese pound recorded its lowest value.
The appointment is coming as the West African nation strives to obtain executive board approval for a $3 billion bailout.
The CBN had initially set a January 31 deadline for the old notes and eventually extended it to February 10 following the continuous scarcity of the new notes.
The UN agency has published its FFPI which tracks the monthly international prices of cereals, vegetable oil, dairy, meat and sugar.
Ghana is currently in the grip of an economic crisis, which has caused significant increases in food and fuel prices, as well as a steep decline of the country’s currency.
Mele Kyari, the group’s managing director, said that the NNPC could no longer keep up with the N170 per litre pump price of fuel.
The Fund stated that focusing on price stability was needed to tackle the country’s high inflation.
