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Peter Terkper optimistic about returns on GDP with optimum performance in Ghana’s service sector

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An Economist, Peter Terkper says Ghana’s GDP may grow if the service and oil sectors perform well like industry and manufacturing.

Reacting to the Fitch ratings, he said the GDP was reviewed downward due to the lack of growth in the oil and service sectors.

Mr Terkper was quick to add that “since it is a forecast, it may change when it comes to the reality on ground.

He was hopeful that inflation will go further down to cause reduction in prices to further reduce cost of production in Ghana.

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