Ghana’s economic development

Okyenhene Osagyefo Amoatia Ofori Panin says Ghana’s economic woes may linger forever if managers of the country do not depart from exporting raw materials and become a production hub and contributor of refined products on the world market. He says, like many other African countries, Ghana is confronted with a huge balance of payment deficit occasioned by the country’s failure to boost local production. Osagyefo Amoatia Ofori Panin stated that no country can develop when its value of exported raw materials outstrip local production and value-added products. Speaking at the launch of Honico Chocolate Spread and Beverage at Kyebi Amanfrom, Osagyefo Amoatia…