{"id":178111,"date":"2024-05-03T13:42:57","date_gmt":"2024-05-03T13:42:57","guid":{"rendered":"https:\/\/www.ghanamma.com\/2024\/05\/03\/business-executives-positive-about-economy\/"},"modified":"2024-05-03T13:42:57","modified_gmt":"2024-05-03T13:42:57","slug":"business-executives-positive-about-economy","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2024\/05\/03\/business-executives-positive-about-economy\/","title":{"rendered":"Business Executives Positive About Economy"},"content":{"rendered":"<p><\/p>\n<div>\n<p>\u00a0<\/p>\n<p>A new opinion poll, Deloitte Restructuring Survey 2024, has indicated business executives and professionals are positive about Ghana\u2019s economy going forward.<\/p>\n<p>It indicated that about 81% of the business executives and professionals expressed optimism about Ghana\u2019s economy.<\/p>\n<p>The report also said key economic indicators in Ghana pointed to an improvement in the country\u2019s macroeconomic environment.<\/p>\n<p>Overall, the report forecast Gross Domestic Product (GDP) growth to do well moderately from 2.9% in 2023 to 3.3% by the end of 2024, while average inflation is expected to decrease from 38% in 2023 to 18% in 2024.<\/p>\n<p>Concerning the local currency, it said though it has continued to depreciate against the major trading currencies in the first quarter of this year, it is at a significantly lower rate than the depreciation recorded in the preceding two years.<\/p>\n<p>\u201cWith Ghana\u2019s upcoming presidential elections at the end of 2024, the incoming government will be expected to prioritise the successful implementation and completion of the International Monetary Fund programme as a key measure to regain policy credibility and to improve access to financing from the international capital markets.<\/p>\n<p>This is considered a major step forward towards improving macroeconomic stability and inducing growth. This, then, is why respondents to our survey are optimistic about growth prospects in Ghana,\u201d it said<\/p>\n<p>In the sub-region, \u201cOnly 19% registered pessimism, compared to 63% who were pessimistic across the other jurisdictions covered by our survey (Kenya, Nigeria, and South Africa).<\/p>\n<p>This optimism is ultimately supported by survey respondents\u2019 forecasts for Ghana\u2019s future. Unlike other jurisdictions, respondents do not believe inflation and interest rates will increase,\u201d it added.<\/p>\n<p>The survey, an annual study of restructuring professionals and C-Suite executives, is conducted across South Africa, Ghana, Kenya, and Nigeria.<\/p>\n<p><strong>By Samuel Boadi<\/strong><\/p>\n<p><!-- AI CONTENT END 2 -->\n\t<\/div>\n","protected":false},"excerpt":{"rendered":"<p>\u00a0 A new opinion poll, Deloitte Restructuring Survey 2024, has indicated business executives and professionals are positive about Ghana\u2019s economy going forward. It indicated that about 81% of the business executives and professionals expressed optimism about Ghana\u2019s economy. The report also said key economic indicators in Ghana pointed to an improvement in the country\u2019s macroeconomic [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":178112,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-178111","post","type-post","status-publish","format-standard","has-post-thumbnail","category-local-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Business Executives Positive About Economy - Ghanamma.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ghanamma.com\/2024\/05\/03\/business-executives-positive-about-economy\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Business Executives Positive About Economy - Ghanamma.com\" \/>\n<meta property=\"og:description\" content=\"\u00a0 A new opinion poll, Deloitte Restructuring Survey 2024, has indicated business executives and professionals are positive about Ghana\u2019s economy going forward. 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