World Bank Affirms Ghana’s 5.5% Economic Expansion
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THE WORLD Bank has affirmed its forecast of 5.5 per cent expansion for the Ghanaian economy this year. According to the Africa Pulse Report, the figure is higher than the Sub-Saharan African average of 3.6 per cent. The forecast is ahead of the International Monetary Fund (IMF)/World Bank Spring meetings, the Bretton Wood institution. The World Bank, however, expressed worry about the country’s debt sustainability problems, which it described could erode gains going forward. It said the higher commodity prices are projected to support both recovery in the extractive sectors and boost exports a…

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