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Ghana's economic competitiveness in sub Saharan African has decreased in the past for years due to the country's weakening macro economic indicators.
This is according to the Head of Macro Economics and Trade Sector at the European Union, Christian Peters. He is charging the country to do all in its power to reverse the downward trends.
Mr. Peters further enumerated what he believes were the reasons why Ghana lost its slots to these competitors.
The head of macro economic and Trade Sector at the EU final experience sharing workshop at the National Board of Small Scale Enterprises facilitated by the Trade Related Assisted and Quality Enabling Program.
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Related: > Poor standard Ghana drops 8 places in latest global competitiveness report
Ghana dropped 8 slots on the World Economic Forum's Global Competitiveness Report Ghana went down from 111 to 119, out of 140 countries assessed in the report.