The amount of debt in this world is rapidly rising and spreading. However, some countries have been facing this problem for a greater period of time. Ghana is a heavily indebted country and is gradually trying to redeem itself. A once proud nation and has been lost in the vast issue of debt that controls it. In the 15th Century the Portuguese arrived and found a large quantity of gold. After many years of being known as ‘Gold Coast’, this developing country became independent on 6th March, 1957 and was named Ghana. The Government wanted to invest money in industry, better living standards, education, health, dams and roads. All these improvements would help Ghana to expand faster. The only problem was that the country was not wealthy enough to complete these changes so they needed to borrow money. At the time, this did not need to cause concern, many countries took out loans and Ghana was offered low interest rates known as a soft loan. This meant less money was added to the......

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Title: Ghana- Drop The Debt
Approximate Word Count: 629
Approximate Pages: 3 (250 words per double-spaced page)

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