Рет қаралды 6,638
Despite broad popular support garnered at its inception and strong foreign connections, the Busia government fell victim to an army coup within twenty-seven months. Neither ethnic nor class differences played a role in the overthrow of the PP government. The crucial causes were the country's continuing economic difficulties, both those stemming from the high foreign debts incurred by Nkrumah and those resulting from internal problems. The PP government had inherited US$580 million in medium- and long-term debts, an amount equal to 25 percent of the gross domestic product of 1969. By 1971 the US$580 million had been further inflated by US$72 million in accrued interest payments and US$296 million in short-term commercial credits. Within the country, an even larger internal debt fueled inflation.