Ghana : Second Review Under the Poverty Reduction and Growth Facility and Request for Waiver of Nonobservance of Performance Criteria

1GHAEA0052004 Image
Price:  $15.00

Release Date: © July, 2004
ISBN : 978-1-45181-489-7
Stock #: 1GHAEA0052004
English
Stock Status: On back-order

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Description

The staff report for the Second Review Under the Poverty Reduction and Growth Facility on Ghana highlights economic developments and policies. Efforts to consolidate the fiscal position continued, and there was no net domestic financing of the budget in 2003, implying a sharp reduction of domestic debt relative to GDP. Progress in structural policies was generally satisfactory, with the important exception of petroleum pricing. Oil marketing companies will be free to set petroleum prices according to a prescribed formula without prior authorization from any public entity.




More publications in this series: IMF Staff Country Reports