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Ghanaians are Struggling with High Living Costs and Interest Rates as They Head to the Polls

Simon Osuji by Simon Osuji
December 7, 2024
in Business
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Ghanaians are Struggling with High Living Costs and Interest Rates as They Head to the Polls
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Although the government has overseen a restructuring of most of its public debt, secured a $3 billion International Monetary Fund bailout and rebooted the West African nation’s economy. That probably won’t be enough to spare the ruling party and its presidential candidate from defeat in Saturday’s election. Many young people – who make up almost 40% of the population, according to the 2021 census – want to quit Ghana. They see few job prospects in a country with an unemployment rate of 14%. So it is not surprising that the economy has dominated the election campaign

BLOOMBERG |BBC

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