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Gold exports drop exports drop

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Estimates provided by the Bank of Ghana (BoG) indicate that merchandise trade deficit for the period January to May this year contracted sharply on the back of a significant decline in imports, outperforming the slowdown in exports. Total merchandise exports were $5.9 billion, down by 7.5 percent from the US$6.3 billion recorded in the same period of 2013. This was mainly due to lower earnings in gold […]