Also, it reviews the effect of the COVID 19 pandemic on the people living in the extractive industries communities and tries to identify ways to reduce the country’s vulnerabilities to enable the economy to progress towards sustainable development in the middle to long term. [...] In addition, it evaluates the effectiveness of fiscal and macroeconomic policies implemented to mitigate the effects of the COVID-19 on the economy and livelihood of the people. [...] The contribution ascribed to the Service Sector is largely attributed to the share of information and communication as well as professional, scientific and technical services both of which take about 50 per cent of the share of the Service Sector annually during the period. [...] The first of these reforms is the implementation of the Artisanal and Small-Scale Mining and Remote Sensing Monitoring System which aims to regulate and support the activities of artisanal miners and ensure provision of tools required for mining and thereby ensure safety of the miners and the environment. [...] The seeming inconsistency in the impact on production, employment, income and prices is because the impact on oil and gas and that of gold were different due to difference in the ways mining activities were organised for the two commodities and the opposing direction of the movement of the prices the two commodities.
Authors
Organizations mentioned
- Pages
- 67
- Published in
- Ghana