Ghana President says inflation to fall to single digits in 2018

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President of Ghana Nana Akufo-Addo speaks during Africa CEO Forum at the Sofitel Hotel Ivoire in Abidjan, Ivory Coast March 26, 2018. REUTERS/Luc Gnago

LONDON (Reuters) – Ghana aims to bring inflation down to single digits in 2018 at around 8.9 percent, President Nana Akufo-Addo said on Tuesday.

Speaking at a conference in London, he added that economic growth is forecast at 8.3 percent in 2018.

“This would make it one of the fastest growing economies in the world,” he said.

Inflation in Ghana has been persistently in the double digits since October 2013. It was just over 10 percent in 2017.

Reporting by Abhinav Ramnarayan; Editing by Robin Pomeroy

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Godwin Okafor is a financial journalist, Internet Social Entrepreneur and the Founder Naija247news Media Ltd He has over 16 experiences in journalism, which cuts across traditional and digital media. He started his journalism career in Business Day, Where he was a senior editorial graphic artist, before he left to start Naija247news, An Online Financial Newspaper in 2010. He has won series of awards and he is the chairman of Emmerich Resources Limited, the publisher of Naija247news.com and also sits on the board of Students In Business Awards, (SIBA).

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