UPU, WCL, WFTU, WHO,
WIPO, WMO, WToO, WTrO
Diplomatic representation in the US:
chief of mission: Ambassador Kobena KOOMSON
chancery: 3512 International Drive NW, Washington, DC 20008
telephone: [1] (202) 686-4520
FAX: [1] (202) 686-4527
consulate(s) general: New York
Diplomatic representation from the US:
chief of mission: Ambassador Edward BRYNN
embassy: Ring Road East, East of Danquah Circle, Accra
mailing address: P. O. Box 194, Accra
telephone: [233] (21) 775348
FAX: [233] (21) 776008
Flag description: three equal horizontal bands of red (top), yellow,
and green with a large black five-pointed star centered in the yellow
band; uses the popular pan-African colors of Ethiopia; similar to the
flag of Bolivia, which has a coat of arms centered in the yellow band
@Ghana:Economy
Economy-overview: Well endowed with natural resources, Ghana has twice
the per capita output of the poorer countries in West Africa. Even so,
Ghana remains heavily dependent on international financial and
technical assistance. Gold, timber, and cocoa production are major
sources of foreign exchange. The domestic economy continues to revolve
around subsistence agriculture, which accounts for 41% of GDP and
employs 60% of the work force, mainly small landholders. In 1995-97,
Ghana made mixed progress under a three-year structural adjustment
program in cooperation with the IMF. On the minus side, public sector
wage increases and regional peacekeeping commitments have led to
continued inflationary deficit financing, depreciation of the cedi,
and rising public discontent with Ghana's austerity measures.
GDP: purchasing power parity-$36.2 billion (1997 est.)
GDP-real growth rate: 3% (1997 est.)
GDP-per capita: purchasing power parity-$2,000 (1997 est.)
GDP-composition by sector:
agriculture: 41%
industry: 14%
services: 45% (1996 est.)
Inflation rate-consumer price index: 27.7% (1997 est.)
Labor force:
total: NA
by occupation: agriculture and fishing 61%, industry 10%, services 29%
(1996 est.)
Unemployment rate: 20% (1997 est.)
Budget:
revenues: $1.39 billion
expenditures: $1.47 billion, including capital expenditures of $370
million (1996 est.)
Industries: mining, lumbering, light manufacturing, aluminum smelting,
food processing
Industrial production growth rate: 4.2% (1996 est.)
Electricity-capacity: 1.3 million kW (1997)
Electricity-production: 600 million kWh (1996)
Electricity-consumption per cap
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