Ghana’s economy grew 6.0% year on year in the second quarter of 2026, driven by its communications sector though growth was slightly slower than the 6.6% recorded in the same period a year earlier, official data showed this Wednesday.<\/p>\n
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Information, communication and technology expanded 30.9%, up from \u206021.3% a year earlier, and accounted for 41.5% of the growth in the second quarter, Government Statistician Alhassan Iddrisu told a press conference.<\/p>\n
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“This is not a one-off spike. The sector has posted double-digit growth in every quarter for the past three years. Ghana’s growth story today is substantially a digital story. That’s what the data is telling us,” Iddrisu said.<\/p>\n
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The expansion follows provisional growth of 6.4% in the first quarter, as the West African nation \u200ccontinues \u2060to recover from one of its worst economic crises in decades.<\/p>\n
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“A 6.0% growth rate is very encouraging, but it only truly succeeds when it becomes better jobs, stronger services, and real opportunity reaching more people,” Iddrisu said.<\/p>\n
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The government retained its \u2060key macroeconomic targets in a mid-year budget review in July, citing stronger-than-expected economic performance in the first half of the year.<\/p>\n
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The same month, the International Monetary Fund completed the \u2060final review of Ghana’s $3 billion support programme, saying reforms and favourable commodity prices were helping stabilise the economy and reduce debt risks.<\/p>\n
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Consumer inflation stood at \u20605.0% in annual terms last month down from 54.1% in December 2022, when the country was mired in a debt crisis.<\/p>\n
–Reuters–<\/p>\n","protected":false},"featured_media":45037,"template":"","meta":{"_acf_changed":false,"_links_to":"","_links_to_target":""},"news-type":[44],"class_list":["post-45036","news","type-news","status-publish","has-post-thumbnail","hentry","news-type-finance","entry"],"acf":{"short_description":"Ghana's economy grew 6.0% year on year in the second quarter of 2026","published_date":"2026-09-09 13:47:56","news_description":"Ghana's economy grew 6.0% year on year in the second quarter of 2026","form_embed":"","author":"","image_caption":""},"_links":{"self":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/45036","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news"}],"about":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/types\/news"}],"version-history":[{"count":1,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/45036\/revisions"}],"predecessor-version":[{"id":45038,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/45036\/revisions\/45038"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media\/45037"}],"wp:attachment":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media?parent=45036"}],"wp:term":[{"taxonomy":"news-type","embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news-type?post=45036"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}