Ghana Business
• Main exports: Gold, cocoa, timber, bauxite and diamonds.
• Main imports: Industrial raw materials, equipment, petroleum and food.
• Main trade partners: Nigeria, USA, Togo, UK and Germany.
Economy
The country's main industry is mining, particularly for diamonds and gold, and this is both a major employer and an important foreign currency earner.
The state has tried to cushion the economy's vulnerability through intervention and subsidies. Since 2001 the Kufuor administration has achieved some success in stabilising the macroeconomy through the introduction of tighter economic policies. Receipts from the gold sector helped sustain GDP growth in 2004; however inflation remains a major internal problem.
Ghana is a member of the Economic Community of West African States (ECOWAS).
Business Etiquette
Office hours: Mon-Fri 0800-1200 and 1300-1700.
Business Contacts
PO Box 2325, Accra, Ghana
Tel: (21) 662 427.
Website: www.g77tin.org/gncchp.html
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