BBC News Africa | How Ghana’s rising star plunged into an economic crisis - BBC Africa @BBCAfrica | Uploaded October 2023 | Updated October 2024, 1 day ago.
In 2019, Ghana had the world’s fastest-growing economy after it doubled economic growth.
In 2023, prices of goods are rising by 40% down from 54% in December 2022, which was the highest in 2 decades.
As a result, the country which the World bank described as a rising star saw an unprecedented 3-day demonstration led by mainly young people who say government has mismanaged the economy.
But what caused the slide?
Produced and presented by Daniel Dadzie
Edited by Aaron Akinyemi
#ghananews #costofliving #ghanaeconomy
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Website: bbc.com/africa
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In 2019, Ghana had the world’s fastest-growing economy after it doubled economic growth.
In 2023, prices of goods are rising by 40% down from 54% in December 2022, which was the highest in 2 decades.
As a result, the country which the World bank described as a rising star saw an unprecedented 3-day demonstration led by mainly young people who say government has mismanaged the economy.
But what caused the slide?
Produced and presented by Daniel Dadzie
Edited by Aaron Akinyemi
#ghananews #costofliving #ghanaeconomy
Subscribe: bit.ly/subscribetoafrica
Website: bbc.com/africa
Facebook: facebook.com/bbcnewsafrica
Twitter: twitter.com/bbcafrica
Instagram: instagram.com/bbcafrica