Ghana: Enhanced Initiative for Heavily Indebted Poor Countries: Completion Point Document

August 9, 2004

Preview Citation

Format: Chicago

Ghana: Enhanced Initiative for Heavily Indebted Poor Countries: Completion Point Document, (USA: International Monetary Fund, 2004) accessed September 20, 2024

Summary

This paper highlights Ghana’s poverty reduction strategy. The paper also highlights Ghana’s performance in observing the requirements for reaching the floating completion point under the framework, including implementation of the national poverty reduction strategy. The updated debt sustainability analysis shows that the amount of debt relief estimated at the decision point will be sufficient to bring the country’s debt burden indicators to manageable levels. The sensitivity analysis shows that, after completion point, Ghana’s debt sustainability would be robust to moderate country-specific shocks, even of a persistent nature.

Subject: Asset and liability management, Debt reduction, Debt relief, Debt service, Debt sustainability, External debt, Oil prices, Prices

Keywords: Authorities' proposal, CR, Debt reduction, Debt relief, Debt service, Debt sustainability, Departments and agencies, Ghana, Ghanaian authorities, Government, Government gazette, ISCR, Long-term debt, Ministries, NPV terms, Oil prices, Power sector, Price, Pricing, Pricing regime, Target relief

Publication Details

Pages:

43
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2004/209
Stock No:

1GHAEA0042004
ISBN:

9781451814873
ISSN:

1934-7685

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