OBG introduces the reader to the different aspects of the legal system in Ghana, in partnership with AB & David. This section includes a viewpoint from David Ofosu-Dorte, Senior Partner, AB & David, on attracting private capital to fund public sector projects.
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Chapter | Legal Framework from The Report: Ghana 2014
Ghana has developed a reputation as a robust and stable democracy, and with a storied legacy of pan-African initiatives it has long punched above its weight diplomatically. While the recent oil boom following the discovery of the offshore Jubilee field in 2007 has helped to fuel GDP growth as much as 14% over recent years, it is now projected to slow to a more modest 4.5% in 2014.
Articles & Analysis | The kingdom’s investor-friendly regulations from The Report: Jordan 2014
The government of Jordan has been working to achieve economic stability through encouraging investment, particularly foreign investment. Jordan’s legal framework not only creates a secure environment for investors and encourages investment in specific sectors through various incentive and benefit schemes, but also provides a well-structured and easily implemented...
Chapter | Legal Framework from The Report: Jordan 2014
This chapter contains an outline of the legal framework in which local and foreign investors operate including an examination of the approval criteria for real estate and property transactions in Jordan and a breakdown of the first Islamic Finance Sukuk Law, enacted in late 2012, which addresses the issuance of sukuk (sharia-compliant bonds) of all forms.
In 2014 Jordan’s population reached 6.64m, as regional turbulence saw an influx of refugees from neighbouring countries. Jordan, however, remains stable as it pushes ahead with the political reforms announced in 2011. The economy continues to revive following the global economic downturn, while government commitments to tackle structural issues in the economy bode well for future growth.
The decision to temporarily halt and revise the Kuwait Offset Programme (KOP), before reintroducing it next year, is widely seen as a sign of the government’s commitment to enhancing the business climate amidst fierce regional competition and following regulatory reforms.