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
Table of Contents:
  • 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).
  • 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.
  • 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.
  • 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.