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Mid-year Budget: Economy surges with 4.7% growth in Q1 of 2024

Dr Mohammed Amin Adam at Mid-Year Budget Review

The economy is demonstrating robust recovery, registering a 4.7% growth in the first quarter of 2024, Finance Minister, Dr Mohammed Amin Adam said during his mid-year budget review presentation to Parliament on July 23.

"Our economy grew by 4.7% in the first quarter of this year, exceeding our expectations. This growth is a testament to the resilience of our economic policies and the hard work of Ghanaians," he stated.

Dr Adam attributed this positive performance to effective policy measures, robust economic management, and the unwavering spirit of the Ghanaian people.

He noted that the government’s strategic interventions had created a stable and conducive environment for growth.

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