Ghana: Part 4 - Investor Sentiment

Tue, 25 Aug 2009 12:06

Ghana's economy was hard-hit by high food and fuel prices last year, followed by a power crisis and election-related spending causing a budget deficit of between 14 and 15% of GDP. President Mills hope to bring that down to 9.4%. But despite a global economic slowdown and domestic fiscal pressures, total new investments into Ghana soared by 45% in the first quarter of this year.