Ghana (Vol 17, 2020)
in Africa Yearbook OnlineSearch for other papers by Jennifer C. Boylan in
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(6,438 words)
The economic outlook for Ghana in 2020 was initially strikingly positive. In January, a number of credit agencies had raised Ghana’s rating, economic growth was projected at 6%, and, despite the election year, there was a strong belief that debt would remain below the 5% legal threshold. Once the Covid-19 pandemic hit, the two largest cities went through a military-enforced lockdown, schools closed and social gatherings were banned for much of the year, and the typically large and vibrant election campaign rallies went largely online. Nana Akufo-Addo was re-elected as president, again defeating former president John Mahama, but 63 New Patriotic Party (npp) parliamentarians lost their seats and Ghana now had a hung parliament for the first time. Former president J.J. Rawlings died at age 73 after a short illness. The special prosecutor abdicated his position in 2020, while the auditor-general was compelled to take his accumulated leave. Though greatly diminished, Ghana’s positive economic growth stood out in comparison with that of its peers. The country was also credited for activating oil savings to help buoy its economic outlook.
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Ghana (Vol 17, 2020)
in Africa Yearbook OnlineSearch for other papers by Jennifer C. Boylan in
Current site
Google Scholar
(6,438 words)