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1979 - constitutional assembly working on a new constitution presents an approved draft to government. 15 May 1979 - a group of junior officers led by Flight Lieutenant Jerry Rawlings attempt a coup. [4] Coup is unsuccessful, the coup leaders were jailed and held for court-martial. [4]
The Political history of Ghana recounts the history of varying political systems that existed in Ghana during pre-colonial times, the colonial era and after independence.. Pre-colonial Ghana was made up of several states and ethnic groups whose political system was categorized by 3 main administrative models; Centralized, Non-centralized and Theocratic stat
By 1971 the US$580 million had been further inflated by US$72 million in accrued interest payments and US$296 million in short-term commercial credits. Within the country, an even larger internal debt fueled inflation. [2] Ghana's economy remained largely dependent upon the often difficult cultivation of and market for cocoa. Cocoa prices had ...
The New Patriotic Party, found in 1992, is the successor to the Gold Coast's The Big Six independence achiever party United Gold Coast Convention (UGCC); the People's National Convention, and the Convention People's Party, successor to Kwame Nkrumah's original party of the same name, which was the incumbent government of Ghana for 10 years from ...
The Nixon shock was the effect of a series of economic measures, including wage and price freezes, surcharges on imports, and the unilateral cancellation of the direct international convertibility of the United States dollar to gold, taken by United States president Richard Nixon on 15 August 1971 in response to increasing inflation.
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%.
2003 October - Government approves merger of two gold-mining firms, leading to the formation of AngloGold Ashanti. 2004 December - John Kufuor re-elected as president of Ghana. 2006 - Ghana National football team, the black stars play in the 2006 FIFA World Cup. 2007 March - Ghana @ 50 celebrations mark 50 years of independence from Britain.
Kofi Abrefa Busia (11 July 1913 – 28 August 1978) [1] was a Ghanaian political leader and academic who was Prime Minister of Ghana from 1969 to 1972. As a leader and prime minister, he helped to restore civilian government to the country following military rule.