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Vol 42 No 25

Published 21st December 2001


Ghana

No shine on gold

Tough times and free markets are an uneasy match for Kufuor

On winning the election a year ago, President John Kufuor promised Ghana a 'golden age of business.' His commitment to market economics is being sorely tested. Jerry John Rawlings, the outgoing President, paid lip-service to the private sector during his 19-year rule but bequeathed a bad hand to Kufuor. Yaw Osafo Maafo, the Finance Minister, and Kwesi Nduom, the Planning Minister, have spent most of the year fighting fires lit by the previous government.

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