An international survey about the people’s perceptions of 80 countries has named Ghana the 69th best country in the world.
The annual rankings is a joint project by digital news service US News & World Report, marketing company Y&R and the Wharton School, a business school at the University of Pennsylvania in the US.
It is a survey that ranks countries based on perceptions on citizenship, cultural influence, entrepreneurship, business climate and quality of life.
Ghana recorded its highest score – 4.2 out of 10 – under the metric, Open for Business, on account of the country’s cheap manufacturing costs and other factors.
Ghana’s lowest score 0.0 was recorded under Entrepreneurship as a result of a perceived difficulty in acquiring capital.
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Ghana however ranked ahead of other African countries including Tunisia (72), Nigeria (74) and Angola (78) but behind Egypt (40) and South Africa (37).
Switzerland was, according to the methodology of the ranking, the best country to live in.
Japan was second, while Canada came third. The top ten in the 2019 rankings was completed by Germany, the United Kingdom, Sweden, Australia, the United States, Norway and France.
READ ALSO: Cedi depreciates again; now 5.01 to the US dollar
YEN.com.gh earlier reported that Ghana’s local currency, the Cedi, has lost grounds against the US dollar in the final days of the month of 2019.
According to a report by Joy News, the Cedi’s decline against the US dollar is due to the sudden demand for dollar by businesses in the country to import goods from abroad.
The Ghana Cedi, which has been trading around ¢4.80 some two weeks ago, has now hit ¢5.01.
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Source: Yen.com.gh
