Ghana: 2009 Article IV Consultation and Request for a Three-Year Arrangement Under the Poverty Reduction and Growth Facility: Staff Report; Staff Supplement; Staff Statement; Public Information Notice and Press Release on the Executive Board Discussion; and Statement by the Executive Director for Ghana
IMF Staff Country Reports, August 14, 2009
Source details
- Canonical URL
- Ghana: 2009 Article IV Consultation and Request for a Three-Year Arrangement Under the Poverty Reduction and Growth Facility: Staff Report; Staff Supplement; Staff Statement; Public Information Notice and Press Release on the Executive Board Discussion; and Statement by the Executive Director for Ghana
Other formats
Bibliographic details
- Published: August 14, 2009
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781451815047.002
Financial system stability and oversight
- The report highlights that Ghana’s overall financial system remains stable.
- The regulatory and supervisory framework is described as strong.
- The payment and settlement infrastructure is described as modern.
- Financial soundness indicators point to a banking system that is liquid and with capital above statutory levels.
Macroeconomic stance and fiscal policy
- Directors have supported the authorities’ efforts to restore macroeconomic stability by seeking to achieve fiscal sustainability.
- Noting that Ghana remains at moderate risk of debt distress, Directors have emphasized that further fiscal consolidation will be critical over the medium term.
Publication and metadata
- Publication date: August 14, 2009
- Pages: 111
- Volume: 2009
- Issue: 256
- Series: Country Report No. 2009/256
- DOI: https://doi.org/10.5089/9781451815047.002
- Stock No: 1GHAEA2009003
- ISBN: 9781451815047
- ISSN: 1934-7685
Subjects and keywords
- Subject: Debt sustainability analysis, External debt, Inflation, National accounts, Prices, Public debt
- Keywords: Africa, bill provision, bottom, budget deficit target, consumer price inflation, CR, Debt sustainability analysis, Global, government, Inflation, inflation-targeting framework, ISCR, loan financing, staff appraisal
International Monetary Fund. Ghana: 2009 Article IV Consultation and Request for a Three-Year Arrangement Under the Poverty Reduction and Growth Facility: Staff Report; Staff Supplement; Staff Statement; Public Information Notice and Press Release on the Executive Board Discussion; and Statement by the Executive Director for Ghana. August 14, 2009.
Content in this bundle
- Response to Fund Advice