ModernGhanalogo

FEATURED: Why Are Black People Obsessed With The Bible That Was Used To Enslave ...

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18.10.2004 General News

Broken Promises? How the NDC

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The FactsGeneral Economic Growth NDC'S PROMISE*NDC'S RECORD(when leaving office)NPP'S RECORD2003/2004 1. INFLATION RATE8% by year 200040.5%12.9%* 2. GDP7% by year 20003.7%5.2% 3. PER CAPITA INCOME420 by year 2000263350 4. AGRICULTURE GROWTH4.5% by year 20002.1%6.0% 5. SERVICES GROWTH7.9% by year 20005.4%4.7% 6. INDUSTRY GROWTH8.4 by year 20003.8%5.2% 7. LENDING RATE47.5%27%** 8. GROSS EXTERNAL RESERVES0.8%4 months 9. CEDI DEPRECIATION49%7% (Against dollar) 10. TOTAL GOVERNMENT REVENUE¢5,385billion¢21,997.6billion (2003) *June 2004 * * July 2004 *Source : Programme of Action for First Medium -TermDevelopment Plan.1997-2000 (Ghana Vision 2020)
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