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CAPITAL TOWN : Greater Accra
DEMONYM : Ghanaian
CURRENCY : Ghana Cedi
PRESIDENT : John Agyekum Kufuor
OFFICIAL LANGUAGE :English
MOST SPOKEN DILECT : Twi
POPULATION: 23million (2007)
REGIONS : 10
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Ghana is a country located on the Gulf of Guinea, only a few degrees north of the Equator, therefore giving it a warm climate. The Greenwich Meridian also passes through Ghana, specifically through the industrial city of Ghana-Tema; so it is said that Ghana is geographically closer to the "centre" of the world than any other country. The coastline is mostly a low, sandy shore backed by plains and scrub and intersected by several rivers and streams.
There are ten administrative regions which are divided into 110 districts, each with its own District Assembly. Below districts are various types of councils, including fifty eight town or area councils, 108 zonal councils, and 626 area councils. 16,000 unit committees on lowest level.
Ghana was created as a parliamentary democracy at independence in 1957, followed by alternating military and civilian governments. In January 1993, military government gave way to Fourth Republic after presidential and parliamentary elections in late 1992. The 1992 constitution divides powers among a president, parliament, cabinet, Council of State, and an independent judiciary. The Government is elected by universal suffrage.
Well endowed with natural resources, Ghana has twice the per capita output of the poorer countries in West Africa. Even so, Ghana remains somewhat dependent on international financial and technical assistance as well as the activities of the extensive Ghanaian diaspora. Gold, timber, cocoa, diamond, bauxite, and manganese exports are major sources of foreign exchange. An oilfield which is reported to contain up to 3 billion barrels (480,000,000 m³) of light oil was discovered in 2007. Oil exploration is ongoing and, the amount of oil continues to increase.
The country has since July, 2007, embarked on a currency re-denomination exercise, from Cedi (¢) to the new currency, the Ghana Cedi (GH¢). The transfer rate is 1 Ghana Cedi for every 10,000 Cedis. The Bank of Ghana has embarked upon an aggressive media campaign to educate the public about what re-denomination entails. The new Ghana Cedi is now exchanging at a rate of $1 USD =Gh¢ 0.93
References
http://www.ghana.gov.gh/
http://en.wikipedia.org/wiki/Ghana
https://www.cia.gov/library/publications/the-world-factbook/geos/gh.html |