Tag: article iv consultation

IMF: How new oil discoveries and mining will impact Ghana’s economic outlook

The International Monetary Fund (IMF) says its outlook for Ghana remains favourable and expects the country’s growth to average around 5 per cent over the next few years supported by new potential oil discoveries and mining. The fund disclosed this following the conclusion of its Article IV Consultation with Ghana. As Ghana heads into an election year in 2020, John Ashbourne, Senior Emerging Markets Economist at Capital Economics joins CNBC Africa for an outlook on Ghana’s economy.