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2020 Economic Outlook Forum
January 10, 2020 @ 8:00 am - 10:30 am
The Ghanaian economy continues to perform better than the global economy, and this is projected to continue in the medium term. Though ambitious, the projected GDP growth rate of 6.79% for 2020 is expected to be driven mainly by the non-oil sector.
Also, Ghana is gradually building industrial capacity, and growth in the industry is projected at 9.8% in 2019 and 5.9% in 2020. Recent trends reflect more machinery in the country’s import basket.
Total expenditure is budgeted to increase by 21% to GH¢ 85.9 billion in 2020. While labor compensation costs can be predicted and managed well, there is significant room for overspending on capex in an election year.
Kindly save the date and join us to discuss and analyze these figures, and strategize for business in 2020.