Ghana: 2007 Article IV Consultation: Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Ghana
June 20, 2007
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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.
Subject: Balance of payments, Bank deposits, Banking, Current account balance, Debt sustainability, External debt, Inflation, Prices, Public debt
Keywords: Africa, authority, broad money, CR, Current account balance, debt, Debt sustainability, financial support, Ghana, Global, IMF relation, IMF staff estimate, IMF-World Bank DSA, Inflation, ISCR, program engagement, reform policy, West Africa
Pages:
86
Volume:
2007
DOI:
Issue:
210
Series:
Country Report No. 2007/210
Stock No:
1GHAEA2007002
ISBN:
9781451814989
ISSN:
1934-7685
