Ghana : Fifth Review Under the Three-Year Arrangement Under the Extended Credit Facility and Request for Modification of Performance Criteria-Staff Report; Staff Supplements; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Ghana.

Ghana's macroeconomic outlook is positive, and the medium-term policy stance is appropriate. On the fiscal side, the government plans to scale up infrastructure investment and further boost revenues. A revised debt sustainability analysis suggests scope for higher nonconcessional borrowing, pro...

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Bibliographic Details
Corporate Author: International Monetary Fund
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2012.
Series:IMF Staff Country Reports; Country Report ; No. 2012/036
Online Access:Full text available on IMF
Description
Summary:Ghana's macroeconomic outlook is positive, and the medium-term policy stance is appropriate. On the fiscal side, the government plans to scale up infrastructure investment and further boost revenues. A revised debt sustainability analysis suggests scope for higher nonconcessional borrowing, provided fiscal targets are achieved. The banking sector remains adequately capitalized and liquid, and reform priorities include reducing nonperforming loans and strengthening banks' risk management practices. Program risks arise from external and domestic sources.
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Physical Description:1 online resource (90 pages)
Format:Mode of access: Internet
ISSN:1934-7685
Access:Electronic access restricted to authorized BRAC University faculty, staff and students