Ghana : 2019 Article IV Consultation; Press Release; Staff Report; and Statement by the Executive Director for Ghana

Author/Editor:

International Monetary Fund. African Dept.

Publication Date:

December 18, 2019

Electronic Access:

Free Download. Use the free Adobe Acrobat Reader to view this PDF file

Summary:

The ECF-supported program was completed successfully in March. Since then, the authorities have maintained macroeconomic stability, building on the achievements of the last years. Growth remains strong and inflation is well within the target band. However, while the fiscal stance has improved in recent years, it continues to put pressure on the external position and has not completely offset the impact of contingent liabilities on public debt, which continues to rise. Given Ghana’s history of budget cycles, the 2020 election will be a key test of the authorities’ continued commitment to fiscal discipline. Ghana is now under Post-Program Monitoring.

Series:

Country Report No. 19/367

Subject:

English

Publication Date:

December 18, 2019

ISBN/ISSN:

9781513523347/1934-7685

Stock No:

1GHAEA2019002

Format:

Paper

Pages:

88

Please address any questions about this title to publications@imf.org