{"id":186225,"date":"2025-10-08T19:38:13","date_gmt":"2025-10-08T19:38:13","guid":{"rendered":"https:\/\/www.newsbeep.com\/uk\/186225\/"},"modified":"2025-10-08T19:38:13","modified_gmt":"2025-10-08T19:38:13","slug":"world-bank-revises-ghanas-2025-growth-forecast-upwards","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/uk\/186225\/","title":{"rendered":"World Bank revises Ghana&#8217;s 2025 growth forecast upwards"},"content":{"rendered":"<p class=\"article-image\"><a href=\"https:\/\/www.ghanaweb.com\/GhanaHomePage\/business\/World-Bank-revises-Ghana-s-2025-growth-forecast-upwards-2004218?gallery=1\" rel=\"nofollow noopener\" target=\"_blank\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/uk\/wp-content\/uploads\/2025\/10\/79773615.295.jpg\" alt=\"World Bank projects 4.3 percent growth rate for Ghana in 2025\" title=\"World Bank projects 4.3 percent growth rate for Ghana in 2025\" width=\"295\" height=\"160\" \/> <\/a>World Bank projects 4.3 percent growth rate for Ghana in 2025<\/p>\n<p id=\"article-123\">The World Bank, in its October 2025 Africa Pulse Report, has revised Ghana\u2019s 2025 economic growth forecast upward from an earlier projection of 3.9 percent to 4.3 percent.<\/p>\n<p>The revised forecast remains slightly below the government\u2019s 4.4 percent growth target set in its 2025 budget. According to the Bank, the adjustment signals renewed confidence in Ghana\u2019s growth recovery.<\/p>\n<p>Ghana\u2019s economy expanded by 6.3% in the second quarter of 2025, driven largely by the services sector, which grew by 9.9% and contributed the most to GDP.<\/p>\n<p><a href=\"https:\/\/www.ghanaweb.com\/GhanaHomePage\/business\/World-Bank-flags-gaps-in-Ghana-s-job-market-2002752\" rel=\"nofollow noopener\" target=\"_blank\">World Bank flags gaps in Ghana&#8217;s job market<\/a><\/p>\n<p>The World Bank projects growth to strengthen further to 4.6% in 2026 and 4.8% in 2027, reflecting a positive medium-term outlook.<\/p>\n<p>Across the continent, Sub-Saharan Africa\u2019s economy is expected to grow by 3.8% in 2025, up from 3.5% in 2024. The Bank attributed the rebound to easing inflationary pressures and a modest recovery in investment, despite persistent global headwinds.<\/p>\n<p>It noted that the number of African countries with double-digit inflation has dropped sharply, from 23 in October 2022 to 10 in July 2025, highlighting progress in price stabilization.<\/p>\n<p>However, the report cautioned that downside risks remain, including trade policy uncertainty, weak investor sentiment, and shrinking access to external finance and aid.<\/p>\n<p>Read the full report below:<\/p>\n<\/p>\n<p>SP\/MA<\/p>\n<p>Watch the latest edition of BizTech below:<\/p><\/p>\n","protected":false},"excerpt":{"rendered":"World Bank projects 4.3 percent growth rate for Ghana in 2025 The World Bank, in its October 2025&hellip;\n","protected":false},"author":2,"featured_media":186226,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[84,1294,56,54,55],"class_list":["post-186225","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-economy","tag-uk","tag-united-kingdom","tag-unitedkingdom"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/186225","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=186225"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/186225\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/186226"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=186225"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=186225"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=186225"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}