Outlook of CSD in 2021

Prospects are bright for reducing the negative impact of the pandemic, on the back of the vaccinations and other measures to contain COVID-19, and there are high expectations for a rebound in the world economy. The global economy is projected to grow at 5.5 percent in 2021. And Ghana’s economy is expected to recover and benefit from the rebound with initial projections for a growth rate of 5.0 percent for the year. The fiscal deficit is projected at 9.5 percent and inflation at 8.0 percent.

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