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Economist with Databank, Courage Martey says Ghana has entered into a technical recession following a contraction of the economy for a second straight quarter in 2020. Latest provisional figures released by the Ghana Statistical Service show that the Ghanaian economy has contracted for the second straight quarter, with the value of goods and services produced in the 3 rd quarter of 2020 declining by 1.1 percent when compared to the value of goods and services produced in the same period in 2019. The latest contraction according to the government statistician, Professor Samuel Kobina Annim was driven by negative growth in the industry and services sectors of the economy which both contracted by negative 5.1% and negative 1.1% respectively.

Samuel kobina annimGhana statistical serviceCourage marteyProfessor samuel kobina annimCiti businessகானா புள்ளிவிவர சேவைதைரியம் மார்ட்டிசிட்டி வணிக