IMF Staff Country Reports

Ghana: 2021 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Ghana

July 23, 2021

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Format: Chicago

International Monetary Fund. African Dept. "Ghana: 2021 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Ghana", IMF Staff Country Reports 2021, 165 (2021), accessed 12/6/2025, https://doi.org/10.5089/9781513590066.002

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Summary

Ghana has been hit hard by the pandemic. The government’s proactive response helped contain the spread of COVID-19, protecting lives and limiting the impact on economic activity. However, partly because of the pandemic, the fiscal position worsened considerably last year, with a sharp increase in public sector debt.

Subject: COVID-19, Economic sectors, Energy sector, Financial sector, Health, International organization, Monetary policy, Public debt, Revenue administration

Keywords: Africa, COVID-19, debt vulnerability, emergency spending, Energy sector, expenditure arrears, Financial sector, Global, GSS produce export unit, power sector reform, Sub-Saharan Africa, West Africa