Wednesday, May 31, 2023
Ghana News Online
Advertisement
  • News
    NDC primaries: No tie in Ketu North, Edem Agbana declared the winner

    NDC primaries: No tie in Ketu North, Edem Agbana declared the winner

    Don’t Politicize the Civil Service

    Don’t Politicize the Civil Service

    The Magic of improved sex life

    The Magic of improved sex life

    So It’s a New Year – Pastor Alao-Caesar

    So It’s a New Year – Pastor Alao-Caesar

    Man arrested by National Security for allegedly leaking WASSCE papers

    Man arrested by National Security for allegedly leaking WASSCE papers

    Hushpuppi – the Instagram influencer and international fraudster

    Hushpuppi – the Instagram influencer and international fraudster

    Trending Tags

    • Commentary
    • Featured
    • Event
    • Editorial
  • Politics
  • National
  • Business
  • World
  • Opinion
  • Tech
  • Science
  • Lifestyle
  • Entertainment
  • Health
  • Travel
  • News
    NDC primaries: No tie in Ketu North, Edem Agbana declared the winner

    NDC primaries: No tie in Ketu North, Edem Agbana declared the winner

    Don’t Politicize the Civil Service

    Don’t Politicize the Civil Service

    The Magic of improved sex life

    The Magic of improved sex life

    So It’s a New Year – Pastor Alao-Caesar

    So It’s a New Year – Pastor Alao-Caesar

    Man arrested by National Security for allegedly leaking WASSCE papers

    Man arrested by National Security for allegedly leaking WASSCE papers

    Hushpuppi – the Instagram influencer and international fraudster

    Hushpuppi – the Instagram influencer and international fraudster

    Trending Tags

    • Commentary
    • Featured
    • Event
    • Editorial
  • Politics
  • National
  • Business
  • World
  • Opinion
  • Tech
  • Science
  • Lifestyle
  • Entertainment
  • Health
  • Travel
No Result
View All Result
Morning News
No Result
View All Result
Home Business

Kenya’s economy better than Ghana’s economy

by Samuel Birikorang
September 30, 2014
in Business, Featured
0
none
0
SHARES
11
VIEWS
Share on FacebookShare on Twitter

Kenya’s economy overtook those of Ghana and Tunisia after the statistics agency overhauled its data to increase the size of gross domestic product by a quarter.

GDP was measured at $55.2 billion last year from $44.1 billion previously, Zachary Mwangi, acting director-general of the statistics agency, told reporters in the capital, Nairobi. That compares with the World Bank’s estimates of $48 billion for Ghana and $47 billion for Tunisia.

READ ALSO

Unfortunate Decision by Ghana’s Supreme Court: Stifling Progress towards Regulated Cannabis Legalisation in Ghana

Surviving financially in a collapsing economy like Nigeria

Kenya revised its data to take account of expanding industries such as mobile-phone money transfers and informal businesses, while also changing the base year of the figures to 2009 from 2001. Last year’s growth rate was adjusted to 5.7 percent from 4.7 percent, Mwangi said.

“The rebased GDP estimates put Kenya among the lower middle-income nations,” Planning Secretary Anne Waiguru told reporters. The data “demonstrates that the economy is larger, but doesn’t mean that people are less poor or wealthier than they were yesterday,” she said.

The shilling fell 0.3 percent to 89.35 against the dollar as of 1:47 p.m. in Nairobi after earlier strengthening to 89.15 following the publication of the data

Tags: economykenya

Related Posts

Unfortunate Decision by Ghana’s Supreme Court: Stifling Progress towards Regulated Cannabis Legalisation in Ghana
Business

Unfortunate Decision by Ghana’s Supreme Court: Stifling Progress towards Regulated Cannabis Legalisation in Ghana

May 28, 2023
Surviving financially in a collapsing economy like Nigeria
Business

Surviving financially in a collapsing economy like Nigeria

May 17, 2023
NDC primaries:Edem Agbana declared the legitimate Winner
Featured

NDC primaries:Edem Agbana declared the legitimate Winner

May 16, 2023
NDC primaries: No tie in Ketu North, Edem Agbana declared the winner
Featured

NDC primaries: No tie in Ketu North, Edem Agbana declared the winner

May 14, 2023
Why do People cheat in relationships
Featured

Why do People cheat in relationships

May 6, 2023
Ten reasons why you shouldn’t deny your partner sex
Featured

Ten reasons why you shouldn’t deny your partner sex

May 5, 2023
Next Post
none

Court orders Hoezame to use NPP grievance structures

© 2020 GHNewsOnline.

No Result
View All Result
  • Homepages
    • Home Page 1
    • Home Page 2
  • News
  • Politics
  • National
  • Business
  • World
  • Entertainment
  • Fashion
  • Food
  • Health
  • Lifestyle
  • Opinion
  • Science
  • Tech
  • Travel

© 2020 GHNewsOnline.