- 20 Marks
MCBFI – APR 2023 – L4 – Q2 – Lowering Political Risk for Multinational Corporations
Discuss ways multinational corporations can lower political risk in Ghana amid high public debt and economic crises.
Question
According to http/Citinewsroom.com 2023/01: “Ghana’s total debt Stock has shot up to GHC5S7.7 billion at the end of November 2022, according to new data released by the Bank of Ghana. The new debt figure brings Ghana’s debt to Gross Domestic Product (GDP) ratio to 93.5% from 75.9% in September 2021. The Bank of Ghana’s January 2023 economic and financial data summary revealed that the debt Stock increased by GHC108.3 billion between September and November 2021. The external component of the country’s Public Debt shot up to GHC38.2. billion in November 2022, equivalent to 62.1% GDP.” Required: Under these crises that Ghana finds itself, in what ways can Multinational Corporations lower political risk? Discuss
(30 marks)
Find Related Questions by Tags, levels, etc.
