Ghana: Enhanced Initiative for Heavily Indebted Poor Countries: Completion Point Document

International Monetary Fund

No 2004/209, IMF Staff Country Reports from International Monetary Fund

Abstract: This paper highlights Ghana’s poverty reduction strategy. The paper also highlights Ghana’s performance in observing the requirements for reaching the floating completion point under the framework, including implementation of the national poverty reduction strategy. The updated debt sustainability analysis shows that the amount of debt relief estimated at the decision point will be sufficient to bring the country’s debt burden indicators to manageable levels. The sensitivity analysis shows that, after completion point, Ghana’s debt sustainability would be robust to moderate country-specific shocks, even of a persistent nature.

Keywords: ISCR; CR; government; price; Ghana; NPV terms; pricing; pricing regime; government gazette; power sector; Ghanaian authorities; ministries; departments and agencies; long-term debt; authorities' proposal; target relief; Debt relief; Debt service; Oil prices; Debt reduction; Debt sustainability (search for similar items in EconPapers)
Pages: 43
Date: 2004-08-09
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Citations: View citations in EconPapers (2)

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