Finance Minister, Dr Mohammed Amin Adam says Ghana's economy is back to pre-covid growth trajectory.

The recent meltdown of the economy forced the government to seek a $3 billion bailout from the International Monetary Fund (IMF), which experts say will be crucial for a recovery of the economy.

Speaking at the launch of the France-Ghana economic report for 2023/24, Dr. Amin Adam said the economy has made a significant comeback, achieving a growth rate of 5.8% in the first half of 2024, a prominent figure in Ghana’s economic landscape.

He expressed confidence in the country’s economic revival, highlighting that this growth rate exceeds that of the same period in 2019 by 0.4%.

“The economy has rebounded strongly. A growth rate of 5.8% in the first half of 2024 means that we are back on the pre-COVID growth trajectory, which is a demonstration of how the economy has come back.”

He lauded the French government for its support in helping Ghana secure its external debt restructuring.

He also credited Ghana's recovery to key interventions and strategic partnerships, notably acknowledging the long-standing support of the French government.

“Over the last 30 years, the French government has supported Ghana with over £2 billion across various facets of our development,” Dr Amin Adam noted.