Ghana: Re-elected President Mahama to be inaugurated on Monday – appeals for political unity

Ghana became Africa’s newest oil exporter in 2010 with the startup of Tullow Oil’s offshore Jubilee field, propelling economic growth to 14.4 percent in 2011. Mahama said he expected 2012 growth to be between 8.5 and 9 percent.

“We have not only held down inflation and maintained macro-economic stability, but we have also worked to ensure discipline in the government’s fiscal regime to avoid un-budgeted expenditures that could distort the economy’s performance,” Mahama said.

Inflation in Ghana has held under 10 percent.

Pages: 1 2