Jump to navigation

Vol 4 (AAC) No 9

Published 1st July 2011


Ghana

Squatters, pipes and rails

After only two years in office, the National Democratic Congress government has increased Ghana’s total debt from US$8.1 billion at the end of 2008 to $13.4 bn. in May 2011. That gives the government a debt-to-gross domestic product ratio of 35%. That excludes deals that have been passed but are yet to be executed, such as the STX deal (see Feature) and a $10.4 bn. loan from China Export-Import Bank.

End of preview - This article contains approximately 472 words.

End of preview

Subscribers: Log in now to read the complete article.

Account Holders: Log in now and use your Account Credit to buy this article. No Credit? Top up your Account now.


If you are logged in, but still cannot access the full text of this article, email customer services or telephone us on +44(0)1638 743633.