Ghana revises 2015 economic growth, budget deficit

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A worker at Ashanti Goldfield Company's big mine in Obuasi, Ghana, walks next to a conveyor belt carrying ore up to a processing plant, in this   file photo.   REUTERS/Luc Gnago/Files
A worker at Ashanti Goldfield Company’s big mine in Obuasi, Ghana, walks next to a conveyor belt carrying ore up to a processing plant, in this file photo. REUTERS/Luc Gnago/Files

ACCRA (Reuters) – Ghana has revised its 2015 budget deficit target to 7.3 percent of gross domestic product (GDP) from 6.5 percent previously and cut its economic growth estimate to 3.5 percent to 3.9 percent, Finance Minister Seth Terkper told parliament on Tuesday.

Terkper, presenting a revised 2015 budget, said Ghana’s end-year consumer inflation estimate was increased to 13.7 percent from 11.5 percent.

 

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