Ghana : Staff Report for the 2001 Article IV Consultation and the Third Review Under the Poverty Reduction and Growth Facility, and Request for Waiver of Performance Criteria

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Ghana : Staff Report for the 2001 Article IV Consultation and the Third Review Under the Poverty Reduction and Growth Facility, and Request for Waiver of Performance Criteria
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Volume/Issue:
2001/141
Series:
IMF Staff Country Reports
Author(s):
International Monetary Fund
Publisher:
INTERNATIONAL MONETARY FUND
Published Date:
August 2001
DOI:
http://dx.doi.org/10.5089/9781451814774.002
ISBN:
9781451814774
ISSN:
1934-7685
Page:
72
The Ghanaian economy suffered a fallout from the large terms-of-trade shock that began in 1999. The fiscal program adopted is prudent and faces up to the country's difficult economic circumstances. Effective control of public expenditure commitments will be essential to the success of the program. Monetary policy will have to remain reasonably tight in the very near term. The IMF staff welcomes the new government's emphasis on mobilizing the private sector, its anticorruption campaign, and transparency in its dealings.
Article

IMF Completes Ghana Review Under PRGF and Approves US$66 Million Disbursement

Author(s):
International Monetary Fund
Published Date:
August 2001
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