Vice president John Dramani Mahama is upbeat about Ghana realising its ambition to become a middle income country soon.
He says revenue expected from the oil find should propel the country to that status by the target year.
According to Mr. Mahama, the transition will afford the country better investment opportunities for accelerated growth and alternatively rely on other forms of external lending when the need arises.
He was speaking at the 2010 Consultative Annual Partnership Meeting with the country’s donors.
“We are informed that after 2011, GDP growth will come back to normal, at a more reasonable level between eight and 10 per cent. This means that our middle-income status will brief and technical one,” Mr John Mahama said.
Source: Joy Business/Ghana
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