Wednesday, March 19, 2008

Global Financial meltdown Threatens Ghana's Growth

We here in Ghana are far more removed from the frenzy and incessant finacial engineering and activities of the high powered finacial centres of our heavily lopsided world. However the implications of the turmoil will definetely have serouis cosequencies for us here in Ghana. last year we failed to achive our modest growth target due to both local and international developments that hindered our economic growth. This year it is even more acute as the global econmy faces a slowdown and a looming reccession in the US -which is the largest economy in the world. We seem not to be well prepared for any hard times and a lot of issues are in way.

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