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Record Nr. |
UNINA9910136707903321 |
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Titolo |
Ghana : : Third Review Under the Extended Credit Facility Arrangement and Request for Waiver for Nonobservance of Performance Criteria, and Modifications of Performance Criteria-Press Release; Staff Report; and Statement by the Excutive Director for Ghana |
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Pubbl/distr/stampa |
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Washington, D.C. : , : International Monetary Fund, , 2016 |
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ISBN |
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Descrizione fisica |
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1 online resource (122 pages) : color illustrations, charts, graphs, tables |
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Collana |
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IMF Staff Country Reports |
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Disciplina |
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Soggetti |
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Economic development - Ghana |
Banks and Banking |
Exports and Imports |
Macroeconomics |
Public Finance |
Industries: Financial Services |
Taxation |
Investments: Energy |
Debt |
Debt Management |
Sovereign Debt |
Banks |
Depository Institutions |
Micro Finance Institutions |
Mortgages |
International Lending and Debt Problems |
Fiscal Policy |
Investment |
Capital |
Intangible Capital |
Capacity |
National Government Expenditures and Related Policies: General |
Taxation, Subsidies, and Revenue: General |
Public finance & taxation |
International economics |
Finance |
Banking |
Investment & securities |
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Public debt |
Fiscal consolidation |
External debt |
Debt rescheduling |
Expenditure |
Revenue administration |
Oil, gas and mining taxes |
Taxes |
Debts, External |
Debts, Public |
Fiscal policy |
Banks and banking |
Loans |
Expenditures, Public |
Revenue |
Ghana Economic conditions |
Ghana |
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Lingua di pubblicazione |
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Formato |
Materiale a stampa |
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Livello bibliografico |
Monografia |
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Sommario/riassunto |
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This paper discusses Ghana’s Third Review Under the Extended Credit Facility arrangement and Request for Waiver for Nonobservance of Performance Criteria (PCs), and Modifications of PCs. Program implementation in Ghana remains broadly satisfactory, but the economic outlook remains difficult and fiscal challenges are mounting. The growth outlook for 2016 and 2017 has weakened, mainly owing to disruptions in oil production, and non-oil economic activity is expected to remain subdued owing to continued fiscal consolidation and tight monetary policy. There was broad agreement with the authorities on the need to sustain a tight monetary stance given the still high inflation. The IMF staff recommends completion of the third review. |
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