Headline: IMF: Ghana Removes Subsidy, Petrol Prices Jump; Nigeria Next?
Feb. 17, 2013
NewsRescue- The Ghanaian government has removed subsidies on gas resulting in a
20 percent hike in gas prices and 50% increase in cooking gas (LPG) costs.
The National Petroleum Authority (NPA) explained the hike as being necessary to
reduce budget deficits.
Ghana's economy rating had fallen in recent times due to increased high-interest
borrowing with [...]
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Sunday, February 17, 2013
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