CEPA questions Stats Service's 7.1% growth rate figure

The Centre for Policy Analysis (CEPA) is questioning the projected 7.1 percent real GDP growth by the Ghana Statistical Service.

CEPA says the projected growth rate is rather pessimistic. The economic think tank therefore expects an upward adjustment in subsequent revisions.

In its analysis on the projected growth rate for this year, the economic think tank said it rather expects the growth rate of the country to be about 8.5 percent based on the tight macroeconomic policy measures and the pace of the non-oil sector.

Meanwhile, CEPA has expressed concern about the frequent revisions of data and at times withdrawal of published data by the Ghana Statistical Service. It says this negatively impacts on its credibility.

Dr. Abbey is therefore calling for more resources for the service.