Ghana unadjusted Q1 2016 GDP growth at 4.9%

Ghana’s unadjusted gross domestic product (GDP) growth rose to 4.9 percent year-on-year in the first quarter of 2016 compared to a revised 4.5 percent in the corresponding period last year, the statistics office said on Wednesday.

Ghana’s GDP growth has slowed in the last two years due to lower commodity prices and a fiscal crisis that has forced the country to sign a three-year aid deal with the International Monetary Fund.