Economy

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There is a lot that is right about Ghana and its people. We are enjoying the longest period of stability since independence in 1957. We are a democratic nation, with people who are strongly attached to its freedoms. Our country is rich in human and material resources. We can draw on a significant number of educated, hardworking and...

 

What steps has the government taken to foster a more business-friendly environment?

 

The current generation of Ghanaians and Barbadians possesses a solid historical foundation on which to develop our future relationship. We must build bridges and a comprehensive, holistic partnership that permits us to come together as members of an extended family to reconnect in the deep spiritual and cultural ways that bind us together. To...

 

When the country’s central bank, the Bank of Ghana (BoG), was first granted the independence to set interest rates in 2002, it faced a turbulent economic scenario, in which the level of inflation had pushed past the 60% mark. Since that time the authority has wielded its rate-setting power to control inflation in the interests of society and...

 

How do you ensure that foreign direct investment (FDI) inflows have an impact on the real economy?

 

As the first African country to gain independence from colonial rule in 1957, Ghana is one of the most stable multi-party democracies in the region and one of the fastest-growing economies on the continent. In July 2019 the capital city Accra was selected by the African Union as the host city of the Africa Continental Free Trade Area...

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