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Republic of Ghana
Real GDP growth slowed to 3.3% in 2022 from 5.4% in 2021 due to macroeconomic instability, global financial tightening, and spillover effects of Russia’s invasion of Ukraine. Inflation was an estimated 31.5% in 2022, up from 10% in 2021, driven by food and energy prices and depreciating local currency. The Bank of Ghana tightened monetary policy; the policy rate was hiked to 27% in 2022 from 14.5% in 2021.
Key Facts
Map detail
Bank intervention strategy
- Priority area 1 - Supporting Ghana’s industrialization and private sector development.
- Priority area 2 - Supporting infrastructure development that are enablers of domestic, regional, and global trade.
Videos
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News and Events
Publications
Selected Projects
Ressources
Knowledge Products
Documents
- Ghana – Combined Country Strategy Paper 2019-2023 Completion Report And 2023 Country Portfolio Performance Review
- Country Focus Report 2022 - Supporting climate resilience and a just energy transition
- Country Results Brief 2012 - 2021 - Ghana
- Ghana - Post Covid-19 Skills Development and Productivity Enhancement Project (PSDPEP)
- 2019-2023 - Ghana - Country Strategy Paper
Useful Links
Contacts
Ghana Country Office
Ms. Eyerusalem Fasika , Country Manager
African Development Bank | Ghana Country Office (COGH) |
No. 2 A2 Rangoon Lane
Rangoon House, (3rd Floor), Cantonments, Accra
P.M.B. MB 59, Ministries
Accra, Ghana
Tel : +233 50 132 8869-72
Regional Development, Integration and Business Delivery Office (RDIB)
Mr. Rufus N. DARKORTEY, Executive Director
Vacant, Senior Advisor
Vacant, Advisor
Vacant, Alternate Executive Director
African Development Bank Group
24ème Etage, Immeuble CCIA, Plateau
01 Boite Postale 1387 Abidjan 01
Côte d’Ivoire
TEL.: (+225) 27 20 26 40 47