Ghanaian fishermen: Riding the waves, much like their country
As in other countries, Ghana is having to cope with the Covid-19 shock weighing on its macroeconomic indicators, softening GDP growth and widening the fiscal deficit.
In April, the IMF predicted the country’s GDP would grow in real terms by just 1.5% this year, before picking up pace again in 2021. The current account was seen temporarily widening to 4.5% of GDP, and the fiscal shortfall to 10% of GDP.
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