Economic Development

Economic Development deals with growth i.e. an increase in the production of goods and services in the economy, and the opportunities for citizens to participate in the very process that generate growth to ultimately improve the quality of life of citizens.
Economic Development dimension in Ghana focuses on these broad range of issues: 

 

THEME

INDICATORS

Fiscal Policy

  • Revenue: personal income tax, corporate income tax, mining royalties.
  • Expenditure: capital investment, compensation of employees, and infrastructure spending.
  • Debt management

Monetary Policy

  • Consumer price index
  • Producer price index
  • Inflation
  • Interest rate (T-Bill, and Lending rates)

Financial sector (Banking and Non-Banking)

  • Credit growth
  • Credit distribution
  • Non-performing Loans (NPLs)
  • Asset Quality

Private Sector Development

  • Global Competitiveness Index
  • Access to credit
  • Business competitiveness index
  • Domestic credit to private sector as a percentage of GDP
  • Time taken to clear goods from the ports
  • Size of the informal sector
  • Ensure customer protection

State-owned Enterprises

  • Good corporate governance
  • Profitability
  • Annual financial report

Trade and Investment

  • Current Account Balance (% of GDP)
  • Trade Balance (US$million)
  • Capital account
  • Financial account
  • External sector
  • Foreign direct investment
  • AfCFTA and Regional integration

GDP pattern

  • Growth rate(2019-2024)

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Digital Address | GA-147-0671

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Monday -Friday : 8am - 5pm

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The National Development Planning Commission (NDPC) was established under Articles 86 and 87 of the 1992 Constitution as part of the Executive.




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