Business News of Tuesday, 1 August 2017
Source: radiogold905.com
The government has revised nominal gross domestic product (GDP) to GH¢202.01 billion from the original projection of GH¢203.41 billion.
Projected economic growth has, however, been maintained at 6.3 per cent.
The reduction in the nominal GDP, which measures the value of finished goods and services at current prices, is equivalent to about 0.7 per cent.
The Finance Minister, Mr Ken Ofori-Atta, said the revision was in line with developments in the first half of the year.
He announced the new target on Monday, when he appeared before Parliament to present the mid-year budget review.