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Business News of Sunday, 6 January 2008

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Ghana is 6th with highest economic growth

The International Monetary Fund (IMF) has labeled Ghana as one of the top 10 sub-Saharan nations which registered a speedy economic boost and as top 10 catching the eyes of foreign investment.

According to a report released by IMF, South Africa is leading with 664 billions dollar of gross domestic product(GDP), followed by Nigeria which registered 197 billion dollars of GDP in the just ended 2007.

Sudan which is unbelievably growing fast nation in recent years is set 3rd with 115 billion dollars of Annual income followed by Ethiopia’s 96 billion dollar GDP.

Angola, Ghana, Kenya, Cameron, Tanzania and Cotedivoar are labeled from 5th to 10th accordingly.

The above mentioned 10 nations have given a promising green light to the UN, in its millennium goals targeted to reduce poverty by half in 2015.