Ghana Economy Role of the Government

Ghana Country Studies index

Ghana - Economy Role of the Government

Role of the government

In the 1990s, the government continued to play a decisive role in the direction and pace of economic development in Ghana. Under the Economic Recovery Program initiated in 1983, the Rawlings government tried to shift the burden of economic growth from government to the private sector through a dual strategy of cutting government spending and promoting private production. In particular, the government tried to boost export production through currency devaluations, tax incentives, and government-funded development projects. At the same time, budget deficits were almost entirely wiped out. These measures caused drastic cutbacks in recurrent government spending coupled with widespread privatization, while the government incurred further loans (and thereby debt) to balance the country's budget.

You can read more regarding this subject on the following websites:

Government of Ghana - Government of Ghana
The Structure of the Ghanaian State , Brochure
Politics in Ghana
IN GHANA - Friedrich Ebert Foundation

Ghana Country Studies index
Country Studies main page