Bloomberg News

Ghana Inflation May Reach Between 8-9% in 2012, IMF Says

October 24, 2011

Oct. 24 (Bloomberg) -- Inflation in Ghana may reach between 8 percent and 9 percent in 2012, Alfredo Baldini, a senior economist with the International Monetary Fund’s African department, told reporters in the capital, Accra today.

The country faces spending pressures before elections in 2012 and will need fiscal discipline to sustain and improve economic growth next year, Baldini said.

To contact the reporter on this story: Ekow Dontoh in Johannesburg at edontoh@bloomberg.net

To contact the editor responsible for this story: Vernon Wessels at vwessels@bloomberg.net


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