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The rebase moved Ghana into middle income status and it placed the country as the third largest in the ranking of GDP per person in West Africa behind Cape Verde and Nigeria. After the changes in statistics, the service sector became the largest sector of Ghana's economy with a share of 51%.
Ghana became the largest gold-producing country in Africa after overtaking South Africa in 2019. [28] The country is also the second-largest cocoa producer (after Ivory Coast). [29] Ghana is rich in diamonds, manganese or manganese ore, bauxite, and oil. Most of its debt was cancelled in 2005, but government spending was later allowed to balloon.
The Environmental Protection Agency (EPA) [18] is an independent environmental regulatory agency within the Government of Ghana with the responsibility of ensuring Ghana's environmental quality through environmental regulation and enforcement, and mainstreaming environmental concerns within the development process at the national, regional, and ...
Ensure appropriate and efficient environmental direction and administration. Ensure the appropriate management of all planned programs and see to budgets in the area of environment, science, technology and innovation sector of the economy for aims of attaining a unified management system. [3]
The CEO of the Private Enterprise Federation claimed Ghana has covered 14 out of the 17 goals and lauded the government for its commitment to achieving the SDGs. [20] The Communications Specialist at MoDB claimed the President of Ghana achieved a number of the SDGs such as SDG 2, SDG 3, SDG 4, SDG 6, SDG 7, SDG 8, SDG 9 and SDG 10. [21]
Since economic efficiency as well as cost recovery in the sector are extremely low, financing water and sanitation investments in Ghana relies heavily on external funding. According to one estimate 90% of the total investment in the sector in the 1990s was made by external agencies, [ 6 ] which contributed about US$500 million for the sector ...
Since independence, Ghana has been devoted to ideals of nonalignment and is a founding member of the non-aligned movement. Ghana favors international and regional political and economic co-operation, and is an active member of the United Nations and the African Union. [4]
The Institute of Economic Affairs (IEA), Ghana, is a public policy think tank based in Accra, Ghana. It is known to be Ghana's premier public policy institute. [ 1 ] It was founded by a Ghanaian economist , Dr. Charles Mensa in 1989 at a time when the country was governed by a military regime (Ghana was governed by the Provisional National ...