"IMANI President takes a swipe at Gov\u2019t for 2.7% GDP growth in 2024 as against 11.1% GDP growth by terrorist, coup-hit Niger"

" IMANI President takes a swipe at Gov\u2019t for 2.7% GDP growth in 2024 as against 11.1% GDP growth by terrorist, coup-hit Niger \r\n\r\nPresident of Think Tank, IMANI Ghana, Franklin Cudjoe, has taken a swipe against the Government, describing Government as being full of \u201cchest-thumping incompetent talkertives\u201d.\r\n\r\nMr Cudjoe in a social media post on Thursday, noted that despite being hit with coups as well as being adversely impacted by the Covid-19 pandemic and the Russian-Ukraine war, African countries like Niger, Burkina Faso, and Libya are projected by the IMF to record real GDP growth of 11.1%, 6.5% and 7.5% in 2024 respectively.\r\n\r\nGhana on the other hand, despite experiencing the same level of adverse economic impact of the Covid-19 pandemic and the Russian-Ukraine war and being fortunate enough not to be hit with a coup, barely manages a 2.7% real GDP growth in 2024.\r\n\r\n \u201cNiger, Burkina Faso, both paralysed by terrorists and ruled by military junta are projected to grow in real terms by 11.1% and 6.5% respectively. Add Libya, a country balkanised and controlled by blood thirsty maniacs will grow at 7.5%. Nine (9) other African countries projected to grow at least 6%. Note these African countries were not spared the ravages of Covid-19, Russia\u2019s war on Ukraine and also by Israel\u2019s war on Gaza. \r\n\r\n \u201cOur beloved country, ramshackled economically by neither terrorists nor the military, but by chest-thumping incompetent talkertives will manage 2.7%, that is if they do not finish selling the country to buy votes during the elections in 2024,\u201d Mr Cudjoe wrote on social media.\r\n\r\n \r\n\r\nAccording to the IMF\u2019s October 2023 World Economic Outlook for 2024, Niger, Senegal, Libya, Rwanda, Cote d\u2019Ivoire, Burkina Faso and Benin will be among the fastest-growing economies in the World.\r\n\r\nMacao SAR and Guyana in the Asia Pacific and Americas respectively, are projected to be the two fastest-growing economies in the world recording 27.2% and 26.6% real GDP growth in 2024.\r\n \r\n \r\n \r\n Country \r\n Region \r\n GDP Growth 2024 (%) \r\n \r\n \r\n \r\n \r\n \u00a0Macao SAR \r\n Asia Pacific \r\n 27.2 \r\n \r\n \r\n \u00a0Guyana \r\n Americas \r\n 26.6 \r\n \r\n \r\n \u00a0Palau \r\n Asia Pacific \r\n 12.4 \r\n \r\n \r\n \u00a0Niger \r\n Sub-Saharan Africa \r\n 11.1 \r\n \r\n \r\n \u00a0Senegal \r\n Sub-Saharan Africa \r\n 8.8 \r\n \r\n \r\n \u00a0Libya \r\n Middle East and North Africa \r\n 7.5 \r\n \r\n \r\n \u00a0Rwanda \r\n Sub-Saharan Africa \r\n 7.0 \r\n \r\n \r\n \u00a0C\u00f4te d\u2019Ivoire \r\n Sub-Saharan Africa \r\n 6.6 \r\n \r\n \r\n \u00a0Burkina Faso \r\n Sub-Saharan Africa \r\n 6.4 \r\n \r\n \r\n \u00a0Benin \r\n Sub-Saharan Africa \r\n 6.3 \r\n \r\n \r\n \u00a0India \r\n Asia Pacific \r\n 6.3 \r\n \r\n \r\n \u00a0The Gambia \r\n Sub-Saharan Africa \r\n 6.2 \r\n \r\n \r\n \u00a0Ethiopia \r\n Sub-Saharan Africa \r\n 6.2 \r\n \r\n \r\n \u00a0Cambodia \r\n Asia Pacific \r\n 6.1 \r\n \r\n \r\n \u00a0Tanzania \r\n Sub-Saharan Africa \r\n 6.1 \r\n \r\n \r\n \u00a0Bangladesh \r\n Asia Pacific \r\n 6.0 \r\n \r\n \r\n \u00a0Djibouti \r\n Middle East and North Africa \r\n 6.0 \r\n \r\n \r\n \u00a0Burundi \r\n Sub-Saharan Africa \r\n 6.0 \r\n \r\n \r\n \u00a0Philippines \r\n Asia Pacific \r\n 5.9 \r\n \r\n \r\n \u00a0Vietnam \r\n Asia Pacific \r\n 5.8 \r\n \r\n \r\n \u00a0World Average \r\n \u2014 \r\n 2.9 \r\n \r\n \r\n \r\nGhana\u2019s subdued real GDP growth rate for 2024 is on the back of its current macroeconomic crisis resulting from its unsustainable debt due to over-borrowing and the loss of its access to the international capital markets.\r\n\r\nThe country is currently under an IMF-supported programme aiming to restructure some $10bn of its $29bn external debts after successfully re-structuring over GHS 203bn ($16.9bn) in domestic debt."

"IMANI President takes a swipe at Gov\u2019t for 2.7% GDP growth in 2024 as against 11.1% GDP growth by terrorist, coup-hit Niger"

President Mahama’s Speech as he Addresses Nation After Military Helicopter Crash [Full Text]AMP

President Mahama Pledges Full, Transparent Probe into August 6 Military Helicopter CrashAMP

State Funeral for Victims of Military Helicopter Crash Scheduled for August 15 – President MahamaAMP