Ghana is expected to become the fastest-growing economy in the world with a GDP growth rate of 8.8 percent in 2019, according to the International Monetary Fund’s (IMF) GDP growth projections released on April 9, 2019. According to the IMF, Ghana’s macroeconomic performance has significantly improved during the last two years under the Extended Credit Facility arrangement. The latest report also suggests growth was robust in the first three quarters of 2018 on the back of oil production.

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