I find no problem with the Chinese involvement in the Ghanaian economy, President Akufo-Addo has said.
In his opinion, China has proven to be a reliable partner in times of difficulty.
Speaking at the Qatar Economic Forum in Doha, Nana Akufo-Addo indicated that China’s investment in Ghana has been beneficial.
The comments by the President come after it emerged that China might take control of the country’s natural resources and electricity revenues following Ghana’s inability to pay some $1.9 billion debt.
“Well, I don’t have any criticisms about Chinese involvement in the Ghanaian economy. They have been very helpful, it’s a matter of controversy in the West. For us, they have been friends and in terms of difficulty they have proven to be a strong partner,” President Akufo- Addo said.
Since the year 2000, Ghana has been a major recipient of Chinese loans. Over the last two decades, the country has borrowed nearly $5 billion from China for major infrastructure projects such as roads, bridges, and power plants.
By: Rainbowradioonline.com/Ghana