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Ghana’s Economy Resilient Despite US Threats, MP Says

by Motoni Olodun

Ghana’s economy is strong enough to withstand any potential withdrawal of American businesses, according to a member of parliament who spoke to Graphic Online. Sam Nartey George, the MP for Ningo Prampram, said that Ghana does not depend on the US for its economic survival and that the country has other trade partners who can fill the gap.

George’s comments came in response to a warning issued by the US ambassador to Ghana, Stephanie S. Sullivan, who said that some American companies might reconsider their investments in Ghana if the country does not respect the rights of LGBTQ+ people. Sullivan made the statement at a meeting with the Ghanaian media on Tuesday, where she also reiterated the US government’s support for the human rights of all people, regardless of their sexual orientation or gender identity.

The ambassador’s remarks sparked a backlash from some Ghanaian politicians and religious leaders, who accused the US of interfering in the country’s internal affairs and imposing its values on a sovereign nation. Ghana is one of several African countries where homosexuality is illegal and punishable by up to three years in prison. The issue of LGBTQ+ rights has been a source of tension between Ghana and its Western allies, who have often criticized the country for its lack of tolerance and inclusion.

However, George said that Ghana does not need to bow to any external pressure and that the country has the right to uphold its own laws and cultural norms. He said that Ghana is a proud and independent nation that has achieved remarkable economic growth and development in recent years, thanks to its own efforts and the support of other friendly countries, such as China, India, and Turkey.

He also dismissed the idea that the US is a major investor in Ghana, saying that the data does not support that claim. According to the Ghana Investment Promotion Centre, the US ranked seventh among the top sources of foreign direct investment in Ghana in 2020, with a total of $174.4 million. This was far behind China, which topped the list with $649.4 million, followed by the UK, Australia, South Africa, Canada, and the Netherlands.

George said that Ghana values its relationship with the US, but that it will not compromise on its sovereignty and dignity. He said that Ghana is open to dialogue and cooperation with all countries, but that it will not accept any attempts to dictate its policies or infringe on its values. He expressed confidence that Ghana’s economy will continue to thrive and overcome any challenges, as it has done in the past.

He also urged the Ghanaian people to stand united and defend their national interest, while respecting the diversity and human rights of all citizens. He said that Ghana is a peaceful and democratic country that can serve as a model for the rest of the continent and the world.

Source: Graphic Online

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