Economics

Ghana Cuts GDP Growth Forecast to 37-Year Low on Coronavirus

  • A 14-day lockdown started Monday in the biggest cities
  • Country seeks IMF rapid credit facility of $538 million

A city worker disinfects a market as a preventive measure in Accra on March 23.

Photographer: Nipha Dennis/AFP via Getty Images
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Ghana’s Finance Minister Ken Ofori-Atta cut the country’s economic growth forecast for 2020 to the lowest in 37 years due to the collapse in oil prices and the impact of the coronavirus.