Audio By Carbonatix
Vice president John Dramani Mahama is upbeat about Ghana realising its ambition to become a middle income country soon.
He says revenue expected from the oil find should propel the country to that status by the target year.
According to Mr. Mahama, the transition will afford the country better investment opportunities for accelerated growth and alternatively rely on other forms of external lending when the need arises.
He was speaking at the 2010 Consultative Annual Partnership Meeting with the country’s donors.
“We are informed that after 2011, GDP growth will come back to normal, at a more reasonable level between eight and 10 per cent. This means that our middle-income status will brief and technical one,” Mr John Mahama said.
Source: Joy Business/Ghana
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
Five-year-old boy dies after getting caught in ski travelator
1 hour -
‘This is an abuse of trust’- PUWU-TUC slams gov’t over ECG privatisation plans
1 hour -
Children should be protected from home fires – GNFS
2 hours -
Volta Regional Minister urges unity, respect for Chief Imam’s ruling after Ho central mosque shooting
2 hours -
$214M in gold-for-reserves programme not a loss, Parliament’s economy chair insists it’s a transactional cost
2 hours -
Elegant homes estate unveils ultra-modern sports complex in Katamanso
2 hours -
ECG can be salvaged without private investors -TUC Deputy Secretary-General
2 hours -
Two pilots killed after mid-air helicopter collision in New Jersey
3 hours -
2025 in Review: Fire, power and the weight of return (January – March)
3 hours -
Washington DC NPP chairman signals bid for USA chairmanship
3 hours -
Sheikh Ali Muniru remains Volta regional Imam, says National chief Imam
3 hours -
GoldBod CEO accuses Minority of hypocrisy over Gold-for-Reserves losses
4 hours -
Sammy Gyamfi to address alleged losses under gold for reserves programme on Jan 5
4 hours -
BoG–GoldBod $214m hit is design failure, not market loss – Minority
4 hours -
Festive season sees minor fires, but domestic cases hit 15–20 daily – GNFS
4 hours
