ACCRA (Reuters) – Ghana’s economy contracted for the first time in almost four decades in the second quarter, by an annual 3.2%, hit by the fallout of the coronavirus pandemic, the statistics office said on Wednesday.
The gold-, oil-, and cocoa-producing West African nation imposed a three-week lockdown at the start of the pandemic in March, leading to the shutdown of numerous businesses, government statistician Samuel Kobina Annim told a news conference.
“Even after the restrictions have been lifted, many businesses across sectors have continued to close down,” Kobina Annim said.
(Reporting by Christian Akorlie; Writing by Bate Felix; Editing by Aaron Ross and Kevin Liffey)
Workers are pictured at the Stena forth drill rig for Springfield Group, the first independent African energy company to discover oil in deep sea at the sea near Takoradi
© 2019 Thomson Reuters. All rights reserved. Reuters content is the intellectual property of Thomson Reuters
or its third party content providers. Any copying, republication or redistribution of Reuters content, including
by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
Thomson Reuters shall not be liable for any errors or delays in content, or for any actions taken in reliance thereon.
"Reuters" and the Reuters Logo are trademarks of Thomson Reuters and its affiliated companies.