Vice-President
Dr Mahamudu Bawumia has said that the measures implemented by the New
Patriotic Party (NPP) government have resulted in increased Gross
Domestic Product (GDP) growth exceeding the average of what was recorded
in sub-Saharan Africa in 2018.
Addressing Ghanaians on the state of the
economy at an Economic Management Team town hall meeting at the College
of Physicians and Surgeons in Accra on Wednesday, 3 April 2019, Dr
Bawumia said: “GDP growth for 2017 was 8.1 per cent, one of the highest
in that year, significantly exceeding the average sub-Saharan growth of
2.7 per cent. GDP growth remained robust in 2018, almost double the
average in sub-Saharan Africa”.
According
to data provided by Dr Bawumia, Ghana’s GDP in 2018 was 5.6 per cent,
which far exceeded the 3.0 for sub-Saharan Africa.
He added that that non-oil growth has increased from 4.6 per cent to 5.8 per cent in 2018.
For him, “The strong growth has resulted in an increase in per capita income, which today, is at GHS9,864, which is 30 per cent higher than in 2016”.
Source: Classfmonline
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