Business News of Friday, 25 September 2015

Source: Reuters

GSS estimates 2015 GDP at 4.1 pct

Philomena Nyarko, ?Government Statistician Philomena Nyarko, ?Government Statistician

Ghana's gross domestic product growth including oil will stand at 4.1 percent in 2015, the statistical service said in an estimate on Friday based on growth in the first half of the year. 

The government earlier adjusted its growth forecast to 3.5 percent.

Ghana had for years one of the strongest economies in sub-Saharan Africa but growth has slowed sharply in the last two years due to a fiscal crisis and lower global commodity prices, which have affected its gold, cocoa and oil exports.