Ghana GDP growth to rise to about 7% in 2019 -IMF

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TO GO W/ AFP STORY IN FRENCH BY David YOUANT Workers cut cocoa in the southwestern Ivorian village of Godilehiri 01 November 2007 near Divo where cocoa and coffee plantation farmers are upset with suspected misappropriation of cocoa revenue or money laundering. Ivory Coast is the world's leading producer of cocoa, which along with coffee accounts for 40 percent of the country's exports and about 20 percent of gross domestic product. A June report by Global Witness charged that cocoa helped finance low-level armed conflict that has left Ivory Coast divided in two for five years between a government-held south and a rebel north since a foiled coup bid in 2002. AFP PHOTO / ISSOUF SANOGO (Photo credit should read ISSOUF SANOGO/AFP/Getty Images)

DAKAR (Reuters) – Ghana’s economic growth is expected to rise to around 7% this year from 6.3% in 2018, boosted by its extractive industries, the International Monetary Fund said on Thursday.

The Fund said in a statement at the end of a staff visit that Ghana, which exports oil, gold and cocoa, had maintained macroeconomic stability since the conclusion of a three-year lending programme with the IMF in March.

Reporting by Aaron Ross; Editing by Chizu Nomiyama

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Godwin Okafor is a Financial Journalist, Internet Social Entrepreneur and Founder of Naija247news Media Limited. He has over 16 years experience in financial journalism. His experience cuts across traditional and digital media. He started his journalism career at Business Day, Nigeria and founded Naija247news Media in 2010. Godwin holds a Bachelors degree in Industrial Relations and Personnel Management from the Lagos State University, Ojo, Lagos. He is an alumni of Lagos Business School and a Fellow of the University of Pennsylvania (Wharton Seminar for Business Journalists). Over the years, he has won a number of journalism awards. Godwin is the chairman of Emmerich Resources Limited, the publisher of Naija247news.

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