Expansion of Ghana’s nascent oil industry has boosted economic growth, but the fall in oil prices since 2015 reduced by half Ghana’s oil revenue. The total penetration rate stands at 136.79%. Continue reading Many Ghanaians then turned to more distant destinations, including other parts of Africa, Europe, and North America, but the majority continued to migrate within West Africa. Ghana's economy was strengthened by a quarter century of relatively sound management, a competitive business environment, and sustained reductions in poverty levels, but in recent years has suffered the consequences of loose fiscal policy, high budget and current account deficits, and a depreciating currency.

Ghana’s formerly strong economy was badly affected by a series of military coups and failed development plans. Political stability is underpinned by Ghana's strong democratic credentials, and despite slow progress on job creation and industrialisation, we expect the ruling New Patriotic Party to win the December 2020 election. The maximum energy that could be tapped from Ghana's available wind resource for electricity is estimated to be about 500–600 Ghana has put in place mechanisms to attract investments into its The goal of Ghana regarding bio-energy, as articulated by its energy sector policy, is to modernize and examine the benefits of bio-energy on a sustainable basis.The combined effects of climate change and global economic turbulence had triggered a sense of urgency among Ghanaian policymakers, industry and development practitioners to find sustainable and viable solutions in the area of bio-fuels.Brazil, which makes ethanol from maize and sugarcane, is currently the world's largest bio-fuel market.Electricity generation is one of the key factors in achieving the development of the Ghanaian national economy, with aggressive and rapid industrialization; Ghana's national Ghana has vast natural gas reserves, which is used by many foreign multinational companies operating in Ghana.To enter Ghana, it is necessary to have a visa authorized by the Government of Ghana, except for certain entrepreneurs on business trips.In 2013 agriculture employed 53.6% of Ghana's total labor force.With the economic program "Ghana: Vision 2020", Ghana intends to achieve its goals of accelerated economic growth and improved quality of life for all its citizens, by reducing poverty through private investment, rapid and aggressive industrialization, and direct and aggressive poverty-alleviation efforts.The Ghana: Vision 2020 forecast assumes political stability; successful economic stabilization; the implementation of Ghana: Vision 2020 policy agenda on private sector growth; and aggressive public spending on social services, infrastructure and industrialization. Since the 1990s, increased emigration of skilled Ghanaians, especially to the US and the UK, drained the country of its health care and education professionals. Join your colleagues in participating in this )bacterial and protozoal diarrhea, hepatitis A, and typhoid fevernamed for the medieval West African kingdom of the same name, but whose location was actually further north than the modern countryUTC 0 (5 hours ahead of Washington, DC, during Standard Time)several previous; latest drafted 31 March 1992, approved and promulgated 28 April 1992, entered into force 7 January 1993proposed by Parliament; consideration requires prior referral to the Council of State, a body of prominent citizens who advise the president of the republic; passage of amendments to “entrenched” constitutional articles (including those on national sovereignty, fundamental rights and freedoms, the structure and authorities of the branches of government, and amendment procedures) requires approval in a referendum by at least 40% participation of eligible voters and at least 75% of votes cast, followed by at least two-thirds majority vote in Parliament, and assent by the president; amendments to non-entrenched articles do not require referenda; amended 1996 (2017)at least one parent or grandparent must be a citizen of GhanaPresident Nana Addo Dankwa AKUFO-ADDO (since 7 January 2017); Vice President Mahamudu BAWUMIA (since 7 January 2017); the president is both chief of state and head of governmentPresident Nana Addo Dankwa AKUFO-ADDO (since 7 January 2017); Vice President Mahamudu BAWUMIA (since 7 January 2017)Council of Ministers; nominated by the president, approved by Parliamentpresident and vice president directly elected on the same ballot by absolute majority popular vote in 2 rounds if needed for a 4-year term (eligible for a second term); election last held on 7 December 2016 (next to be held in December 2020)Nana Addo Dankwa AKUFO-ADDO elected president; percent of vote - Nana Addo Dankwa AKUFO-ADDO (NPP) 53.8%, John Dramani MAHAMA (NDC) 44.4%, other 1.8%unicameral Parliament (275 seats; members directly elected in single-seat constituencies by simple majority vote to serve 4-year terms)last held on 7 December 2016 (next to be held in December 2020)percent of vote by party - NPP 54%, NDC 44%, other 2%; seats by party - NPP 171, NDC 104Supreme Court (consists of a chief justice and 12 justices)chief justice appointed by the president in consultation with the Council of State (a small advisory body of prominent citizens) and with the approval of Parliament; other justices appointed by the president upon the advice of the Judicial Council (an 18-member independent body of judicial, military and police officials, and presidential nominees) and on the advice of the Council of State; justices can retire at age 60, with compulsory retirement at age 70Court of Appeal; High Court; Circuit Court; District Court; regional tribunalsGhana has more than 20 registered parties; included are 5 of the more popular parties as of May 2017Institute for Democratic Governance (IDEG); IMANI Center for Policy and Education; Ghana Center for Democratic Development; Institute for Economic AffairsGhana Bar Association; Ghana Trades Union Congress; American Chamber of Commerce; British Chamber of Commerce; and a host of religious organizationswide range of international and domestic human rights and policy advocacy groups, environmental groups, business organizations, traditional leaders and youth groupsAmbassador Barfour ADJEI-BARWUAH (since 21 July 2017)Ambassador Robert P. JACKSON (since 4 February 2016)uses the popular Pan-African colors of Ethiopia; similar to the flag of Bolivia, which has a coat of arms centered in the yellow bandmusic adopted 1957, lyrics adopted 1966; the lyrics were changed twice, in 1960 when a republic was declared and after a 1966 coupprimarily microwave radio relay; wireless local loop has been installed; outdated and unreliable fixed-line infrastructure heavily concentrated in Accracompetition among multiple mobile-cellular providers has spurred growth with a subscribership of more than 140 per 100 persons and risingcountry code - 233; landing point for the SAT-3/WASC, Main One, and GLO-1 fiber-optic submarine cables that provide connectivity to South Africa, Europe, and Asia; satellite earth stations - 4 Intelsat (Atlantic Ocean); microwave radio relay link to Panaftel system connects Ghana to its neighbors (2016)inventory of registered aircraft operated by air carriers: annual passenger traffic on registered air carriers: annual freight traffic on registered air carriers: 6,656 (Cote d'Ivoire) (flight from 2010 post-election fighting) (2017)Ghana is a source, transit, and destination country for men, women, and children subjected to forced labor and sex trafficking; the trafficking of Ghanians, particularly children, internally is more common than the trafficking of foreign nationals; Ghanian children are subjected to forced labor in fishing, domestic service, street hawking, begging, portering, mining, quarrying, herding, and agriculture, with girls, and to a lesser extent boys, forced into prostitution; Ghanian women, sometimes lured with legitimate job offers, and girls are sex trafficked in West Africa, the Middle East, and Europe; Ghanian men fraudulently recruited for work in the Middle East are subjected to forced labor or prostitution, and a few Ghanian adults have been identified as victims of false labor in the US; women and girls from Vietnam, China, and neighboring West African countries are sex trafficked in Ghana; the country is also a transit point for sex trafficking from West Africa to EuropeTier 2 Watch List - Ghana does not fully comply with the minimum standards for the elimination of trafficking; however, it is making significant efforts to do so; Ghana continued to investigate and prosecute trafficking offenses but was unable to ramp up its anti-trafficking efforts in 2014 because the government failed to provide law enforcement or protection agencies with operating budgets; victim protection efforts decreased in 2014, with significantly fewer victims identified; most child victims were referred to NGO-run facilities, but care for adults was lacking because the government did not provide any support to the country’s Human Trafficking Fund for victim services or its two shelters; anti-trafficking prevention measures increased modestly, including reconvening of the Human Trafficking Management Board, public awareness campaigns on child labor and trafficking, and anti-trafficking TV and radio programs (2015) exclusive survey of global business confidence.

The AKUFO-ADDO administration has made some progress by committing to fiscal consolidation, but much work is still to be done in 2018.


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