Ghana.

EXECUTIVE SUMMARY Context. The emergence of large fiscal and external imbalances in recent years, which led to a slowdown in growth, is putting Ghana's medium-term prospects at risk. The Government's efforts to achieve fiscal consolidation since mid-2013 have been undermined by policy slip...

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Bibliographic Details
Main Author: Dept., International Monetary Fund. African
Format: eBook
Language:English
Published: Washington : International Monetary Fund, 2015.
Series:IMF Staff Country Reports.
Subjects:
Online Access:Click for online access

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100 1 |a Dept., International Monetary Fund. African. 
245 1 0 |a Ghana. 
260 |a Washington :  |b International Monetary Fund,  |c 2015. 
300 |a 1 online resource (180 pages) 
336 |a text  |b txt  |2 rdacontent 
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490 1 |a IMF Staff Country Reports ;  |v v. Country Report No. 15/103 
588 0 |a Print version record. 
505 0 |a Cover Page; Title Page; Copyright Page; Ghana: Request for a Three-Year Arrangement Under the Extended Credit Facility; Contents; FIGURES; TABLES; ANNEX; APPENDIX; BACKGROUND AND RECENT DEVELOPMENTS; 1. Selected Economic and Financial Indicators, 2011-17; 2a. Summary of Budgetary Central Government Operations, 2011-17 (GFS 2001, Cash Basis, in percent of GDP); 2b. Summary of Budgetary Central Government Operations, 2011-17 (GFS 2001, Cash Basis, millions of GHc); 2c. Summary of Budgetary Central Government Operations, 2011-17 (GFS 2001, Commitment Basis). 
505 8 |a 2d. Summary of Budgetary Central Government Operations, 2011-17 (GFS 2001, Commitment Basis, millions of GHc)3. Monetary Survey, 2011-15; 4. Balance of Payments, 2011-17; 5. External Financing Requirements and Sources, 2014-17; 6. Indicators of Capacity to Repay the Fund, 2015-27; 7. Proposed Schedule of Reviews and Purchase Under the ECF Arrangement, 2015-18; 8. Financial Soundness Indicators, 2010-14; 1. Real Sector Indicators; 2. Fiscal Indicators; 3. External Indicators; 4. Monetary and Financial Indicators; POLICIES UNDER A THREE-YEAR ECF ARRANGEMENT. 
505 8 |a A. Program Objectives and Macroeconomic FrameworkB. Fiscal Policy: Achieving an Ambitious Fiscal Consolidation; C. Structural Reforms to Strengthen Public Finances and Fiscal Discipline; D. Monetary Policy and Exchange Rate Regime; E. Financial Sector: Preserving Financial Stability; F. The Growth and Social Protection Agenda; PROGRAM MODALITIES, FINANCING ASSURANCES, AND RISKS; STAFF APPRAISAL; I. Deepening the Domestic Debt Market in Ghana; Three-Year Arrangement Under the Extended Credit Facility; I. Letter of Intent; Attachment I. Memorandum of Economic and Financial Policies, 2015-17. 
505 8 |a Attachment II. Technical Memorandum of UnderstandingA. Government; B. Bank of Ghana; C. Non-accumulation of New External Arrears; D. Ceiling on the Contracting or Guaranteeing of New Non-concessional External Debt; E. Adjustors to the Program Targets; F. Provision of Data to the Fund; Ghana: Request for a Three-Year Arrangement Under the Extended Credit Facility-Informational Annex; Contents; RELATIONS WITH THE FUND; JOINT WORLD BANK-IMF WORK PROGRAM, 2014-15; STATISTICAL ISSUES; Footnotes. 
520 |a EXECUTIVE SUMMARY Context. The emergence of large fiscal and external imbalances in recent years, which led to a slowdown in growth, is putting Ghana's medium-term prospects at risk. The Government's efforts to achieve fiscal consolidation since mid-2013 have been undermined by policy slippages, external shocks and rising interest cost. Until mid- 2014, the net international reserves position had further weakened and the exchange rate depreciated sharply, fueling inflationary pressures. The situation has stabilized on the back of the Eurobond issued in September and a short-term loan contracte. 
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651 0 |a Ghana  |x Economic policy. 
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650 7 |a Economic policy  |2 fast 
651 7 |a Ghana  |2 fast  |1 https://id.oclc.org/worldcat/entity/E39PBJrwWdFrtwYQThrFvRGJXd 
776 0 8 |i Print version:  |a Dept., International Monetary Fund. African.  |t Ghana: Request For A Three-Year Arrangement Under The Extended Credit Facility; Staff Report; Press Release; and Statement by the Executive Director for Ghana.  |d Washington : International Monetary Fund, ©2015  |z 9781484328255 
830 0 |a IMF Staff Country Reports. 
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