{"id":264560,"date":"2024-12-12T23:30:49","date_gmt":"2024-12-12T23:30:49","guid":{"rendered":"https:\/\/www.ghanamma.com\/2024\/12\/12\/ghanas-economy-surpasses-expectations-with-6-3-growth-in-2024-mof\/"},"modified":"2024-12-12T23:30:49","modified_gmt":"2024-12-12T23:30:49","slug":"ghanas-economy-surpasses-expectations-with-6-3-growth-in-2024-mof","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2024\/12\/12\/ghanas-economy-surpasses-expectations-with-6-3-growth-in-2024-mof\/","title":{"rendered":"Ghana\u2019s economy surpasses expectations with 6.3% growth in 2024 \u2013 MoF"},"content":{"rendered":"<p><\/p>\n<div>\n<p class=\"article-image\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/cdn.ghanaweb.com\/imagelib\/pics\/806\/80604292.295.jpg\" alt=\"Mohammed Amin Adam, Minister of Finance\" title=\"Mohammed Amin Adam, Minister of Finance\" width=\"295\" height=\"196\" \/> <span class=\"image_caption\"><span>Mohammed Amin Adam, Minister of Finance<\/span><\/span><\/p>\n<\/div>\n<div style=\"-webkit-user-select: none; -webkit-touch-callout: none; -moz-user-select: none; -ms-user-select: none; user-select: none;\">\n<p id=\"article-123\">Ghana\u2019s Economy Surpasses Expectations with 6.3% Growth in 2024 the Ministry of Finance (MoF) has announced that Ghana\u2019s economy continues to outperform expectations, reaffirming its status as one of Africa\u2019s most dynamic economies despite global and domestic challenges.<\/p>\n<p>MoF in a statement on December 12, stressed Ghana\u2019s impressive economic results for the first three quarters of 2024.<\/p>\n<p>According to the Ministry of Finance, the country\u2019s economic performance in the third quarter of 2024 has been remarkable, with an average real GDP growth rate of 6.3% for the first three quarters.<\/p>\n<p>Citing data from the Ghana Statistical Service (GSS), MoF noted that the country\u2019s economic performance in the third quarter of 2024 has been exceptional, showcasing its resilience and robust growth.<\/p>\n<p>This is a significant leap from the 2.6% recorded during the same period in 2023.<\/p>\n<p>The industry sector led the way with an average growth of 8.9%, driven by mining and quarrying, construction, and oil and gas.<\/p>\n<p>The services sector expanded by 5.0%, buoyed by information and communication, financial and insurance activities, and accommodation and food services.<\/p>\n<p>The agriculture sector grew by 4.6%, with key contributions from crops and livestock sub-sectors.<\/p>\n<p>The nation\u2019s economic recovery is attributed to its steadfast commitment to fiscal consolidation, debt restructuring, and fostering inclusive growth, which has positioned the country for continued success.<\/p>\n<p>\u201cGhana\u2019s economy continues to exceed expectations, defying challenges and solidifying its position as one of the most dynamic economies in the Africa region. Data released by the Ghana Statistical Service (GSS) underscores the country\u2019s remarkable economic performance during the third quarter of 2024.\u201d<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Mohammed Amin Adam, Minister of Finance Ghana\u2019s Economy Surpasses Expectations with 6.3% Growth in 2024 the Ministry of Finance (MoF) has announced that Ghana\u2019s economy continues to outperform expectations, reaffirming its status as one of Africa\u2019s most dynamic economies despite global and domestic challenges. MoF in a statement on December 12, stressed Ghana\u2019s impressive economic [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":264561,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[],"class_list":["post-264560","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Ghana\u2019s economy surpasses expectations with 6.3% growth in 2024 \u2013 MoF - 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\/12\/12\/ghanas-economy-surpasses-expectations-with-6-3-growth-in-2024-mof\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ghana\u2019s economy surpasses expectations with 6.3% growth in 2024 \u2013 MoF - Ghanamma.com\" \/>\n<meta property=\"og:description\" content=\"Mohammed Amin Adam, Minister of Finance Ghana\u2019s Economy Surpasses Expectations with 6.3% Growth in 2024 the Ministry of Finance (MoF) has announced that Ghana\u2019s economy continues to outperform expectations, reaffirming its status as one of Africa\u2019s most dynamic economies despite global and domestic challenges. MoF in a statement on December 12, stressed Ghana\u2019s impressive economic [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.ghanamma.com\/2024\/12\/12\/ghanas-economy-surpasses-expectations-with-6-3-growth-in-2024-mof\/\" \/>\n<meta property=\"og:site_name\" content=\"Ghanamma.com\" \/>\n<meta property=\"article:published_time\" content=\"2024-12-12T23:30:49+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.ghanamma.com\/2024\/wp-content\/uploads\/2024\/12\/80604292.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"600\" \/>\n\t<meta property=\"og:image:height\" content=\"399\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Ghana News\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Ghana News\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/12\\\/12\\\/ghanas-economy-surpasses-expectations-with-6-3-growth-in-2024-mof\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/12\\\/12\\\/ghanas-economy-surpasses-expectations-with-6-3-growth-in-2024-mof\\\/\"},\"author\":{\"name\":\"Ghana News\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/#\\\/schema\\\/person\\\/c70749f3edfbfcd92d45e933f0fe10b5\"},\"headline\":\"Ghana\u2019s economy surpasses expectations with 6.3% growth in 2024 \u2013 MoF\",\"datePublished\":\"2024-12-12T23:30:49+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/12\\\/12\\\/ghanas-economy-surpasses-expectations-with-6-3-growth-in-2024-mof\\\/\"},\"wordCount\":272,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/12\\\/12\\\/ghanas-economy-surpasses-expectations-with-6-3-growth-in-2024-mof\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/wp-content\\\/uploads\\\/2024\\\/12\\\/80604292.jpg\",\"articleSection\":[\"Business\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/12\\\/12\\\/ghanas-economy-surpasses-expectations-with-6-3-growth-in-2024-mof\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/12\\\/12\\\/ghanas-economy-surpasses-expectations-with-6-3-growth-in-2024-mof\\\/\",\"url\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/12\\\/12\\\/ghanas-economy-surpasses-expectations-with-6-3-growth-in-2024-mof\\\/\",\"name\":\"Ghana\u2019s economy surpasses expectations with 6.3% growth in 2024 \u2013 MoF - 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