The
Bank Square reflects the remarkable progress of our nation. Recent data from the Bank of Ghana shows that Ghana’s economy is firmly on the path of recovery. Provisional
GDP growth of 6.9% in the second quarter of
2024, with a robust non-oil
growth of 7.0%, highlights the strength of our
agriculture, industry, and services sectors. Inflation has been sharply reduced from 54.1% in 2022 to 22.1% as of October 2024, bringing relief to households and
businesses alike. These achievements are further bolstered by a trade surplus of $2.78 billion and
international reserves of $7.5 billion, which provide a strong buffer against external shocks.
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