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Rehabilitation of the Ghanaian mining sector

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  • Kofi Ansah

Abstract

As part of the Ghanaian government's efforts to revive the national economy a series of measures were instituted. They included devaluation of the local currency, reduction of budget deficits and the rehabilitation of basic infrastructure. The mining industry plays an important role in the national economy and special measures were also introduced to encourage its rehabilitation and development. A new licensing system was introduced and a new fiscal regime was established which inter alia allows mining companies to retain part of their export earnings offshore. The response of the private investment community to those changes has been excellent and investment in the mining industry has increased substantially.

Suggested Citation

  • Kofi Ansah, 1990. "Rehabilitation of the Ghanaian mining sector," Natural Resources Forum, Blackwell Publishing, vol. 14(3), pages 240-243, August.
  • Handle: RePEc:wly:natres:v:14:y:1990:i:3:p:240-243
    DOI: 10.1111/j.1477-8947.1990.tb00522.x
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    Cited by:

    1. Tsikata, Fui S., 1997. "The vicissitudes of mineral policy in Ghana," Resources Policy, Elsevier, vol. 23(1-2), pages 9-14, June.

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