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Gold exports drop exports drop

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 […]