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The economy of Ghana has a diverse and rich resource base, including the manufacturing and exportation of digital technology goods, automotive and ship construction and exportation, and the exportation of diverse and rich resources such as hydrocarbons and industrial minerals. The Ghanaian domestic economy in 2012 revolved around services ...
(Bloomberg) -- Ghana’s economy grew faster than expected in the three months through June, expanding 4.8%, buoyed by manufacturing and cocoa production.Most Read from BloombergPutin Mobilizes ...
Politician. Kenneth Nana Yaw Ofori-Atta (born 7 November 1958), [1][2][3] is a Ghanaian investment banker [4] who served as the Minister for Finance and Economic Planning in the cabinet of Nana Akufo-Addo from 2017 to 2024. [5] He was a co-founder of Databank Group, a Ghanaian financial services company, and served as executive chairman until ...
t. e. Political corruption in Ghana has been common since independence. Since 2017, Ghana's score on Transparency International 's Corruption Perceptions Index has improved slightly from its low point that year, a score of 40 on a scale from 0 ("highly corrupt") to 100 ("very clean"). Ghana's score rose to 43 by 2020 and has remained there ...
PPP largely removes the exchange rate problem, but has its own drawbacks; it does not reflect the value of economic output in international trade, and it also requires more estimation than nominal GDP. [4] On the whole, PPP per capita figures are more narrowly spread than nominal GDP per capita figures. [5]
On 17 November 2021, Ken Ofori-Atta said the Government of Ghana decided to tax all electronic transactions in the informal sector to cover the tax net. [3][4] He made this known in the 2022 budget statement and economic policy that was read in the parliament of Ghana. [5] 1.75% is the rate of the E-levy which the Government decided to apply on ...
Ghana is believed to have up to 5 billion barrels (790,000,000 m 3) to 7 billion barrels (1.1 × 10 9 m 3) of petroleum in reserves, [5] which is the sixth largest in Africa and the 25th largest proven reserves in the world and Ghana has up to 6 trillion cubic feet of natural gas in reserves. [10] Ghana's experience with the oil and gas ...
Ghana Economic Forum (GEF) is a two-day forum focused on discussions pertaining to issues around the Ghanaian economy. [1][2] The forum which started about 6 years ago (2012) is organised by the Business & Financial Times and was endorsed in 2017 by the government of Ghana as part of Ghana’s 60th Independence celebrations. [3][4][5]