Our outlook on the Ghanaian economy is becoming increasingly positive following the completion of the Eurobond debt restructuring and amid sustained IMF support. Although we expect growth to slow in the second half of 2024, we still project the economy to expand by 5.0% this year. Inflation in 2024 should ease to 22.5% from 39.2% in 2023, while another policy rate cut is on the cards at the end of this month.
Ghana: Positive outlook maintained as debt restructuring ends