{"id":332330,"date":"2025-08-10T05:15:21","date_gmt":"2025-08-10T05:15:21","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/332330\/"},"modified":"2025-08-10T05:15:21","modified_gmt":"2025-08-10T05:15:21","slug":"ghanas-economy-to-exceed-its-2025-targets-ic-research","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/332330\/","title":{"rendered":"Ghana&#8217;s economy to exceed its 2025 targets \u2013 IC Research"},"content":{"rendered":"<p class=\"article-image\"><a href=\"https:\/\/www.ghanaweb.com\/GhanaHomePage\/business\/Ghana-s-economy-to-exceed-its-2025-targets-IC-Research-1995383?gallery=1\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/08\/73111031.295.jpg\" alt=\"Dr Cassiel Ato Forson, Minister of Finance\" title=\"Dr Cassiel Ato Forson, Minister of Finance\" width=\"295\" height=\"182\" \/> <\/a>Dr Cassiel Ato Forson, Minister of Finance<\/p>\n<p id=\"article-123\">The latest report from IC Research has shown that Ghana\u2019s economy is on course to outperform its 2025 macroeconomic targets, driven by strong first-half results.<\/p>\n<p>According to the report,  improvements in inflation, exchange rate stability, interest rates, first-quarter GDP growth, and gross international reserves were the key contributors to the positive outlook.<\/p>\n<p>Reviewing the 2025 Mid-Year Budget, IC Research noted that fiscal performance in the first six months delivered a \u201csizable fiscal adjustment,\u201d surpassing both government targets and its forecasts.<\/p>\n<p><a href=\"https:\/\/www.ghanaweb.com\/GhanaHomePage\/business\/Oil-prices-set-for-weekly-drop-amid-tariff-fallout-1995382\" target=\"_blank\" rel=\"noopener\">Oil prices set for weekly drop amid tariff fallout<\/a><\/p>\n<p>\u201cOur analysis shows renewed discipline in spending and a halt in arrears accumulation, supported by solid tax revenue, despite weaker non-tax revenue. Given the stronger-than-expected fiscal results, the government remains confident in meeting end-2025 macro-fiscal goals, all of which were retained,\u201d the report said.<\/p>\n<p>The report added that the robust first-half performance has alleviated short-term fiscal concerns for 2024, although it cautioned that execution risks remain. <\/p>\n<p>However, authorities have identified key threats and proposed credible mitigation strategies.<\/p>\n<p>Total revenue and grants for the first half of 2025 stood at GH\u00a299.3 billion, or 7.1% of GDP, 3.2% below target but 8.3% above IC Research\u2019s forecast, boosted by enhanced tax compliance.<\/p>\n<p>SP\/MA<\/p>\n<p><b>How Virtual Reality is enhancing business and customer experience<\/b><\/p><\/p>\n","protected":false},"excerpt":{"rendered":"Dr Cassiel Ato Forson, Minister of Finance The latest report from IC Research has shown that Ghana\u2019s economy&hellip;\n","protected":false},"author":2,"featured_media":332331,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3090],"tags":[51,1700,16,15],"class_list":{"0":"post-332330","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-business","9":"tag-economy","10":"tag-uk","11":"tag-united-kingdom"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/115002770977634897","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/332330","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=332330"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/332330\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/332331"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=332330"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=332330"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=332330"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}