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ghana's economy grows 23% in 2011 on oil production
guru267
#1 Posted : Wednesday, June 22, 2011 3:19:25 PM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
I cant wait for uganda to join this party in 2014
Mark 12:29
Deuteronomy 4:16
young
#2 Posted : Wednesday, June 22, 2011 3:23:05 PM
Rank: Elder

Joined: 6/20/2007
Posts: 2,075
Location: Lagos, Nigeria
I am not in doubt please kindly provide the link to educate others or authenticate your source of info vis-a-vis the facts and figures of the growth estimate.
The wazua spirit as members is to educate and inform and learn from others within the limit of what we know in any chosen area irrespective of our differences in tribes, nationalities, etc. .
the deal
#3 Posted : Wednesday, June 22, 2011 3:39:07 PM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
Hehehe Joke of the day Ghana's Economy contracted 5.1% in Q1 2011 http://mobile.reuters.co...5L0EA20110622?edition=af
guru267
#4 Posted : Wednesday, June 22, 2011 4:03:23 PM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
the deal wrote:
Hehehe Joke of the day Ghana's Economy contracted 5.1% in Q1 2011 http://mobile.reuters.co...L0EA20110622?edition=af


@the deal I do not know what kind of research you do...BUT IT SUCKS!!!!!

http://www.bloomberg.com...3-on-oil-production.html
Mark 12:29
Deuteronomy 4:16
young
#5 Posted : Wednesday, June 22, 2011 4:09:24 PM
Rank: Elder

Joined: 6/20/2007
Posts: 2,075
Location: Lagos, Nigeria

Two respectable financial news agencies, two distinct growth figures !!!

Reuters Vs Bloomberg
The wazua spirit as members is to educate and inform and learn from others within the limit of what we know in any chosen area irrespective of our differences in tribes, nationalities, etc. .
young
#6 Posted : Wednesday, June 22, 2011 4:13:41 PM
Rank: Elder

Joined: 6/20/2007
Posts: 2,075
Location: Lagos, Nigeria
Sources from both Reuters & Bloomberg from the same

Grace Bediako of Ghana Statistical Service !!!


The wazua spirit as members is to educate and inform and learn from others within the limit of what we know in any chosen area irrespective of our differences in tribes, nationalities, etc. .
the deal
#7 Posted : Wednesday, June 22, 2011 4:15:13 PM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
guru267 wrote:
[quote=the deal] Hehehe Joke of the day Ghana's Economy contracted 5.1% in Q1 2011 http://mobile.reuters.co...L0EA20110622?edition=af


@the deal I do not know what kind of research you do...BUT IT SUCKS!!!!!

http://www.bloomberg.com...-on-oil-production.html[/quote]
Hehehe I dont like it when ladies get emotional http://mobile.reuters.co...L0D620110622?edition=af
young
#8 Posted : Wednesday, June 22, 2011 4:19:18 PM
Rank: Elder

Joined: 6/20/2007
Posts: 2,075
Location: Lagos, Nigeria
Most blame goes to the reporters of respectable Reuters & Bloomberg.

No point to quarrel, we are all friends.
The wazua spirit as members is to educate and inform and learn from others within the limit of what we know in any chosen area irrespective of our differences in tribes, nationalities, etc. .
young
#9 Posted : Wednesday, June 22, 2011 4:22:40 PM
Rank: Elder

Joined: 6/20/2007
Posts: 2,075
Location: Lagos, Nigeria
This kind of reporters blunder do happens at times, difficult to know which info is authentic unless one digs into other news agencies and even Ghana newspapers.
The wazua spirit as members is to educate and inform and learn from others within the limit of what we know in any chosen area irrespective of our differences in tribes, nationalities, etc. .
accelriskconsult
#10 Posted : Wednesday, June 22, 2011 4:24:00 PM
Rank: Member

Joined: 4/2/2011
Posts: 629
Location: Nai
Young, Guru,

Please read the article below the refer to the link here http://useconomy.about.c...f/GDP_Growth_Rate.html.

There is no contradiction but the statistician chose language than can easily throw journalists such as Washington Akumu, Muna Wahome and James Makau off guard.



ACCRA (Reuters) - Ghana's economy contracted 5.1 percent in the first quarter of this year, after growing 5.5 percent in the previous quarter, the country's statistics office said on Wednesday.

Government Statistician Grace Bediako said GDP expanded 23 percent from a year earlier, however.

Bediako said negative growth in the first quarter was mostly due to agriculture, which she said shrank by 35.7 percent due to seasonal patterns.

"Primarily because of the negative growth in agriculture, we have an overall negative GDP growth in the first quarter," Bediako added, saying GDP was 6.7 billion cedis in Q1 2011 compared to 7 billion cedis in the previous quarter.


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