{"id":155642,"date":"2015-09-29T12:58:08","date_gmt":"2015-09-29T12:58:08","guid":{"rendered":"http:\/\/4cd.e16.myftpupload.com\/?p=155642"},"modified":"2015-09-29T10:43:19","modified_gmt":"2015-09-29T10:43:19","slug":"ghana-trade-deficit-hits-506-million","status":"publish","type":"post","link":"https:\/\/citifmonline.com\/2015\/09\/ghana-trade-deficit-hits-506-million\/","title":{"rendered":"Ghana trade deficit hits $506 million"},"content":{"rendered":"
Ghana recorded a trade deficit of 506.4 million dollars for the first 8 months of 2015.<\/p>\n
[contextly_sidebar id=”r02MkJSxEC83MqNFYjC1gk16obfYYIMn”]This is according to the Bank of Ghana Summary of Economic and Financial Data for September 2015.<\/p>\n
According to the figures Ghana was still a net importer of oil with imports exceeding exports by 40.6 million dollars.<\/p>\n
Total exports at the end of August was in excess of 735 million dollars while Total imports, was above 1 billion dollars.<\/p>\n
The Exports included Gold, Cocoa and Oil while imports involved oil and non-oil.<\/p>\n
Ghana’s Total exports included 249.5 million dollars from Gold , 67.2 million dollars from Cocoa and 136.2 million dollars from oil.<\/p>\n
While Oil imports stood at 176.8 million dollars as compared to non oil imports of above 1billion dollars.<\/p>\n
Ghana’s Gross Foreign Assets as at August was above 4billion dollars representing 2.9 months of import cover.<\/p>\n
–<\/p>\n
By:\u00a0 Rabiu Alhassan\/citifmonline.com\/Ghana<\/p>\n
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Ghana recorded a trade deficit of 506.4 million dollars for the first 8 months of 2015. [contextly_sidebar id=”r02MkJSxEC83MqNFYjC1gk16obfYYIMn”]This is according to the Bank of Ghana Summary of Economic and Financial Data for September 2015. According to the figures Ghana was still a net importer of oil with imports exceeding exports by 40.6 million dollars. Total […]<\/p>\n","protected":false},"author":14,"featured_media":48907,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[],"tags":[21,4],"yoast_head":"\n