Ghana : 2013 Article IV Consultation

Author/Editor:

International Monetary Fund. African Dept.

Publication Date:

June 27, 2013

Electronic Access:

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Summary:

This 2013 Article IV Consultation highlights that economic growth in Ghana continued at a robust pace of 8 percent in 2012 amid rising fiscal and external imbalances. Fiscal pressures came to the fore in a mounting public sector wage bill and costly energy subsidies that pushed the deficit close to 12 percent of GDP. The growth momentum continues into 2013, with increased oil production projected to keep overall GDP growth close to 8 percent. Non-oil growth is likely to decelerate, however, as a result of energy disruptions and high real interest rates.

Series:

Country Report No. 13/187

Subject:

English

Publication Date:

June 27, 2013

ISBN/ISSN:

9781484377673/1934-7685

Stock No:

1GHAEA2013001

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

113

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