FREE BOOKS

Author's List




PREV.   NEXT  
|<   275   276   277   278   279   280   281   282   283   284   285   286   287   288   289   290   291   292   293   294   295   296   297   298   299  
300   301   302   303   304   305   306   307   308   309   310   311   312   313   314   315   316   317   318   319   320   321   322   323   324   >>   >|  
rties and leaders: none; political parties outlawed after 31 December 1981 coup _#_Suffrage: none _#_Elections: none _#_Communists: a small number of Communists and sympathizers _#_Member of: ACP, AfDB, C, CCC, ECA, ECOWAS, FAO, G-24, G-77, GATT, IAEA, IBRD, ICAO, IDA, IFAD, IFC, ILO, IMF, IMO, INTELSAT, INTERPOL, IOC, IOM (observer), ISO, ITU, LORCS, NAM, OAU, UN, UNCTAD, UNESCO, UNIDO, UNIFIL, UNIIMOG, UPU, WCL, WHO, WIPO, WMO, WTO _#_Diplomatic representation: Ambassador Dr. Joseph ABBEY; Chancery at 2460 16th Street NW, Washington DC 20009; telephone (202) 462-0761; there is a Ghanaian Consulate General in New York; US--Ambassador Raymond C. EWING; Embassy at Ring Road East, East of Danquah Circle, Accra (mailing address is P. O. Box 194, Accra); telephone [233] (21) 775347 through 775349 _#_Flag: three equal horizontal bands of red (top), yellow, and green with a large black five-pointed star centered in the gold band; uses the popular pan-African colors of Ethiopia; similar to the flag of Bolivia which has a coat of arms centered in the yellow band _*_Economy _#_Overview: Supported by substantial international assistance, Ghana has been implementing a steady economic rebuilding program since 1983, including moves toward privatization and relaxation of government controls. Heavily dependent on cocoa, gold, and timber exports, economic growth is threatened by a poor cocoa harvest and higher oil prices in 1991. Rising inflation--unofficially estimated at 50%--could undermine Ghana's relationships with multilateral lenders. Civil service wage increases and the cost of peacekeeping forces sent to Liberia are boosting government expenditures and undercutting structural adjustment reforms. Ghana opened a stock exchange in 1990. _#_GNP: $5.8 billion, per capita $380; real growth rate 2.7% (1990 est.) _#_Inflation rate (consumer prices): 50% (1990 est.) _#_Unemployment rate: 1.9% (1989) _#_Budget: revenues $821 million; expenditures $782 million, including capital expenditures of $151 million (1990 est.) _#_Exports: $826 million (f.o.b., 1990 est.); commodities--cocoa 45%, gold, timber, tuna, bauxite, and aluminum; partners--US 23%, UK, other EC _#_Imports: $1.2 billion (c.i.f., 1990 est.); commodities--petroleum 16%, consumer goods, foods, intermediate goods, capital equipment; partners--US 10%, UK, FRG, France, Japan, South Korea, GDR _#_External deb
PREV.   NEXT  
|<   275   276   277   278   279   280   281   282   283   284   285   286   287   288   289   290   291   292   293   294   295   296   297   298   299  
300   301   302   303   304   305   306   307   308   309   310   311   312   313   314   315   316   317   318   319   320   321   322   323   324   >>   >|  



Top keywords:

million

 

expenditures

 

telephone

 

government

 

timber

 

yellow

 
growth
 

consumer

 
billion
 
Ambassador

commodities

 
prices
 
capital
 

including

 
Communists
 

economic

 
centered
 

partners

 
undermine
 

implementing


estimated

 
steady
 

relationships

 

service

 

substantial

 

privatization

 

international

 

multilateral

 

assistance

 

lenders


controls

 

unofficially

 

harvest

 
Heavily
 
threatened
 

exports

 

dependent

 

program

 

Rising

 

inflation


relaxation

 

higher

 
rebuilding
 

reforms

 
aluminum
 
Imports
 

bauxite

 
Exports
 
petroleum
 

External