Ghana’s economic growth was significantly impacted by the COVID-19 pandemic and the war in Ukraine. Following the pandemic-induced slowdown, economic recovery was expected to grow in 2022 to 5.5 percent. However, recent economic shocks caused the Ghanaian Cedi to depreciate, prompting the Government of Ghana (GOG) to seek assistance from International Monetary Fund (IMF) to restore macroeconomic stability and boost reserves. Despite these setbacks, Ghana remains one of sub-Saharan Africa’s fastest- growing economies with a population of about 32 million. In 2021, Ghana imported about $3.2 billion in agricultural and related products. Imports from the United States totaled $155.5 million.
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