Ghana: 2007 Article IV Consultation: Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Ghana
International Monetary Fund
No 2007/210, IMF Staff Country Reports from International Monetary Fund
Abstract:
The 2007 Article IV Consultation reports on Ghana’s recent economic and policy development. Public Financial Management (PFM) has been strengthened through improvements in fiscal reporting and deployment of the new computerized payroll management system. Executive Directors commended the Ghanaian authorities for their continued implementation of sound economic policies and structural reforms, which have contributed to strong economic growth. They noted that absent the scaling up of donor assistance in the near future, Ghana has decided to access the international capital market to finance prudently selected infrastructure projects needed for achieving its growth.
Keywords: ISCR; CR; authority; Ghana; IMF relation; debt; financial support; broad money; IMF staff estimate; program engagement; IMF-World Bank DSA; reform policy; Current account balance; Debt sustainability; Inflation; Africa; West Africa; Global (search for similar items in EconPapers)
Pages: 86
Date: 2007-06-20
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