Executive Board
Calendar
Board Discussions
on Ghana:

Previous:
July 15, 2009
June 30, 2008
May 18, 2007
October 27, 2006
June 12, 2006

Projected % Change
   2009  2010
Real GDP 4.5 5
Consumer Prices 18.5 10.2
Source: World Economic Outlook (October 2009)
Please refer to more recent PIN/Staff reports on this country for possible revisions.

Ghana: Financial Position in the Fund

Participant in the
General Data Dissemination System

Transactions with the Fund

Finance Ministry
Ministry of Finance


Resident Representative Office in Ghana

You may contact us about Ghana and the IMF at GHAContact@imf.org


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Ghana and the IMF
Updated November 19, 2009

Show all items sorted by date | Annual Meetings Speeches (1) | Article IV Staff Reports (5) | Finance & Development (1) | Heavily Indebted Poor Countries (2) | IMF Survey Online (2) | IMF Surveys (10) | IMFC Statements (3) | Issues Briefs (1) | Joint Meeting of the IMFC and the Development Committee (1) | Joint Staff Assessments (1) | Letters of Intent (14) | News Briefs (6) | Policy Framework Paper (5) | Poverty Reduction Strategy Paper (2) | Press Releases (28) | Public Information Notices (9) | Publications (46) | Speeches (5) | Staff Papers (1) | Transcripts (7) | Other (2) 
Annual Meetings Speeches
October 04, 2004 -- Statement by the Hon. Osafo-maafo, Governor of the World Bank for Ghana, at the Joint Annual Discussion
PDF File Size: 115Kb
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Article IV Staff Reports
August 14, 2009 -- Ghana: 2009 Article IV Consultation and Request for a Three-Year Arrangement Under the Poverty Reduction and Growth Facility - Staff Report; Staff Supplement; Staff Statement; Public Information Notice and Press Release on the Executive Board Discussion; and Statement by the Executive Director for Ghana
Series: Country Report No. 09/256
October 20, 2008 -- Ghana: 2008 Article IV Consultation - Staff Report; Staff Supplement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Ghana
Series: Country Report No. 08/344
June 20, 2007 -- Ghana: 2007 Article IV Consultation - Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Ghana
Series: Country Report No. 07/210
August 15, 2005 -- Ghana: 2005 Article IV Consultation, Third Review Under the Poverty Reduction and Growth Facility, and Request for Waiver of Nonobservance of Performance Criteria and Extension of the Arrangement - Staff Report; Staff Statement; Public Information Notice and Press Release on the Executive Board Discussion; and Statement by the Executive Director for Ghana
Series: Country Report No. 05/292
May 21, 2003 -- Ghana: 2003 Article IV Consultation, and Requests for a Three-Year Arrangement Under the Poverty Reduction and Growth Facility and for Additional Interim Assistance Under the Enhanced Initiative for Heavily Indebted Poor Countries--Staff Report; Staff Supplement and Statement; Public Information Notice and Press Release on the Executive Board Discussion; and Statement by the Executive Director for Ghana
Series: Country Report No. 03/133
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Finance & Development
March 01, 2001 -- Finance & Development, March 2001 - Point/Counterpoint - The Pros and Cons of Expanded Monetary Union in West Africa
R.D. Asante and Paul Robert Masson talk with Jacqueline Irving of the IMF's External Relations Department
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Heavily Indebted Poor Countries
February 04, 2002 -- HIPC Enhanced Heavily Indebted Poor Countries (HIPC) Initiative - Decision Point Document
Makes recommendations for decisions by the Executive Boards of the IMF and World Bank regarding: eligibility, timing of decision point under the Initiative, assistance required to reach the sustainability targets, and the agreed policy measures which when implemented would trigger the completion point. PDF File Size: 670Kb
June 12, 2001 -- HIPC Enhanced Heavily Indebted Poor Countries (HIPC) Initiative - Preliminary Document
Provides a preliminary assessment of a country's eligibility for assistance under the HIPC Initiative, based on a Debt Sustainability Analysis, the track record of policy performance, and progress with developing a poverty reduction strategy. PDF File Size: 698Kb
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IMF Survey Online
March 05, 2009 -- IMF Survey: Poor Countries Need Extra Help to Get Through Global Crisis
A new IMF study finds that at least $25 billion in urgent concessional financing will be needed this year to help low-income countries affected by the deepening global economic crisis and prevent millions from falling back into poverty.
January 03, 2008 -- IMF Survey: More Investors Turn to Sub-Saharan Africa
International investors, increasingly interested in emerging and developing countries worldwide, are turning to sub-Saharan Africa in their search for yield, diversification, and potential. Some market analysts see in Africa a new asset class—a "frontier emerging market."
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IMF Surveys
August 31, 2008 -- IMF Survey:
Growth, inflation, subprime market crisis, technical assistance, Ghana, fiscal discipline, money laundering, social spending, wage bill ceilings, housing bust, Japan, Lipsky, Swaziland, foreign direct investment, news briefs. PDF File Size: 951Kb
June 30, 2008 -- IMF Survey:
Food Price Crisis, Inflation Risks, Mark Plant, IMF and the Food Crisis, Multilateral Initiative, Middle East Regional OUtllok, Emerging Markets' Resilience, Côte d'Ivoire's Comeback, Ghana's Financial Reforms, Islamic Banks and Financial Stability, Report on IMF Governance, Tom Bernes, News Briefs PDF File Size: 695Kb
March 31, 2008 -- IMF Survey:
Global Imbalances, Africa's Improved Debt Outlook, Nigerian Reform, Burkina Faso's Cotton Crisis, Ghana and Inflation Targeting, Iraq's Progress, Egypt's Reforms Spur Growth, Asian Trade, Baltics' High Growth Rate, News Briefs PDF File Size: 632Kb
February 28, 2008 -- IMF Survey:
Financial market turbulence; world growth; global outlook; financial market outlook; subprime fallout; writedowns; risk management; credit rating agencies; prudential oversight; liquidity management; risk measurement; public debt; subprime crisis; central bank liquidity; financial turmoil; open market operations; liquidity; securities valuation; risk modeling; Ghana; bond issue; Niger; debt relief; Millennium Development Goals; fiscal management; fiscal transparency; Latin America; Davos PDF File Size: 890Kb
March 27, 2006 -- IMF Survey:
MD meets SSA leaders; ART. IV: Belgium, Ecuador, Finland, Nepal; U.K. policy frameworks; Ghana: quasi-fiscal activities; Africa and Doha Round; euro area product markets; ASI: FDI; prescriptions for financial stability PDF File Size: 822Kb
October 31, 2005 -- IMF Survey:
De Rato visits China, Pakistan, Saudi Arabia, and Belgium; Economic reviews of Ghana,The Gambia; Truman on IMF governance; Australia's economic expansion; Bahamas' monetary framework; Agricultural safeguards; Aid and NGOs; IMF promotes transparency. PDF File Size: 419Kb
June 20, 2005 -- IMF Survey:
G-8 debt relief proposal; ECLAC seminar; IMF strategic review; De Rato in Chad; Rebuttal to "The Lancet"; Ghana's banking sector; Central America seminars; IMF-supported programs; World Bank "to do" list. PDF File Size: 436Kb
May 13, 2002 -- IMF Survey:
Anne Krueger (interview); Köhler in Africa; Ghana: portfolio flows and Investment Advisory Council; ABCDE 2002; globalization; statistical capacity building; Islamic Financial Services Board; and Brau on safeguarding IMF resources. PDF File Size: 1053Kb
July 20, 1998 -- IMF Survey:
IMF-Bundesbank symposium on IMF in global economy; strengthened reforms and increased financing proposed for Russia; Camdessus on greater market access for developing countries; and price incentive and Ghana's cocoa production. PDF File Size: 643Kb
November 11, 1996 -- IMF Survey:
IMF Survey: Ghana, Senegal, and Uganda Adopt Bold Reforms PDF File Size: 34Kb
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IMFC Statements
October 20, 2007 -- IMFC Statement by the Honorable Mohammed Laksaci, Governor of the Bank of Algeria
On behalf of: Islamic Republic of Afghanistan, Algeria, Ghana, Islamic Republic of Iran, Morocco, Pakistan, Tunisia. PDF File Size: 165Kb
April 22, 2006 -- IMFC Statement by Mohammed Laksaci, Governor, Banque d'Algérie
On behalf of: Islamic Republic of Afghanistan, Algeria, Ghana, Islamic Republic of Iran, Morocco, Pakistan, Tunisia. PDF File Size: 21Kb
September 24, 2005 -- IMFC Statement by the Hon. Mohammed Laksaci, Governor of the Bank of Algeria
On behalf of: Islamic Republic of Afghanistan, Algeria, Ghana, Islamic Republic of Iran, Morocco, Pakistan, Tunisia. PDF File Size: 26Kb
April 16, 2005 -- IMFC Statement by the Honorable Mohammed Laksaci, Governor of the IMF for Algeria
On behalf of: Islamic Republic of Afghanistan, Algeria, Ghana, Islamic Republic of Iran, Morocco, Pakistan, Tunisia. PDF File Size: 665Kb
April 24, 2004 -- IMFC Statement by the Honorable Mohammed Laksaci, Governor of the Bank of Algeria
On behalf of: Islamic Republic of Afghanistan, Algeria, Ghana, Islamic Republic of Iran, Morocco, Pakistan, Tunisia. PDF File Size: 553Kb
September 28, 2002 -- Statement by The Hon. Mohammed Laksaci, Governor of the Bank of Algeria, Representing Africa Group I Constituency, IMFC Meeting, Washington, D.C., September 28, 2002
The International Monetary and Financial Committee statement on behalf of Algeria, Ghana, Islamic Republic of Iran, Morocco, Pakistan and Tunisia
April 29, 2001 -- Joint IMFC Development Committee Statement by Mr. Fathallah Oualalou, Minister of Economy, Finance, Privatization, and Tourism of Morocco
The International Monetary and Financial Committee member for Algeria, Ghana, Islamic Republic of Iran, Morocco, Pakistan, and Tunisia
September 24, 2000 -- Statement by Carlos Saito G-24 Chairman to the Second Meeting of the International Monetary and Financial Committee, September 24, 2000
Speaking as the Chairman of the Intergovernmental Group of 24 on International Monetary Affairs
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Issues Briefs
July 24, 2003 -- Africa: Recent Economic Developments and IMF Activities -- An IMF Issues Brief
This Issues Brief was written for the IMF Managing Director's Sixth Trip to Africa, July 6-11, 2003.
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Joint Meeting of the IMFC and the Development Committee
April 29, 2001 -- Joint IMFC Development Committee Statement by Mr. Fathallah Oualalou, Minister of Economy, Finance, Privatization, and Tourism of Morocco
The International Monetary and Financial Committee member for Algeria, Ghana, Islamic Republic of Iran, Morocco, Pakistan, and Tunisia
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Joint Staff Assessments
February 04, 2002 -- Joint Staff Assessment of the Poverty Reduction Strategy Paper Preparation Status Report
Evaluates the strengths and weaknesses of a country's poverty reduction objectives and strategies, and in it the staffs of the IMF and World Bank make recommendations about whether the PRSP or IPRSP provides a sound basis for concessional assistance from the Bank and Fund, as well as for debt relief under the Enhanced Heavily Indebted Poor Countries (HIPC) Debt Initiative. PDF File Size: 393Kb
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Letters of Intent
June 26, 2009 -- Ghana -- Letter of Intent, Memorandum of Economic and Financial Policies, and Technical Memorandum of Understanding, June 26, 2009
PDF File Size: 528Kb
October 18, 2006 -- Ghana -- Letter of Intent, October 18, 2006
PDF File Size: 265Kb
May 25, 2006 -- Ghana -- Letter of Intent and Technical Memorandum of Understanding, May 25, 2006
PDF File Size: 268Kb
May 20, 2005 -- Ghana -- Letter of Intent, Memorandum of Economic and Financial Policies, and Technical Memorandum of Understanding, May 20, 2005
PDF File Size: 264Kb
June 15, 2004 -- Ghana -- Letter of Intent, Memorandum of Economic and Financial Policies, and Technical Memorandum of Understanding, June 15, 2004
This Letter of Intent of the government of Ghana describes the policies that Ghana intends to implement in the context of its request for financial support from the IMF.
December 03, 2003 -- Ghana -- Letter of Intent, Memorandum of Economic and Financial Policies, and Technical Memorandum of Understanding, December 3, 2003
This Letter of Intent of the government of Ghana describes the policies that Ghana intends to implement in the context of its request for financial support from the IMF.
April 24, 2003 -- Ghana -- Letter of Intent, April 24, 2003
This Letter of Intent of the government of Ghana describes the policies that Ghana intends to implement in the context of its request for financial support from the IMF.
March 31, 2003 -- Ghana -- Letter of Intent, Memorandum of Economic and Financial Policies, and Technical Memorandum of Understanding, March 31, 2003
This Letter of Intent of the government of Ghana describes the policies that Ghana intends to implement in the context of its request for financial support from the IMF.
January 31, 2002 -- Ghana Letter of Intent, Memorandum of Economic and Financial Policies, and Technical Memorandum of Understanding, January 31, 2002
This Letter of Intent of the government of Ghana describes the policies that Ghana intends to implement in the context of its request for financial support from the IMF.
June 11, 2001 -- Ghana Letter of Intent, Memorandum of Economic and Financial Policies, and Technical Memorandum of Understanding, June 11, 2001
This Letter of Intent of the government of Ghana describes the policies that Ghana intends to implement in the context of its request for financial support from the IMF.
June 25, 2000 -- Ghana Letter of Intent and Memorandum of Economic and Financial Policies of the Government of Ghana for 2000, June 25, 2000
This Letter of Intent of the government of Ghana describes the policies that Ghana intends to implement in the context of its request for financial support from the IMF.
November 03, 1999 -- Ghana Letter of Intent, November 3, 1999
This Letter of Intent of the government of Ghana describes the policies that Ghana intends to implement in the context of its request for financial support from the IMF.
April 14, 1999 -- Ghana Letter of Intent and Memorandum of Economic and Financial Policy, April 14, 1999
This Letter of Intent of the government of Ghana describes the policies that Ghana intends to implement in the context of its request for financial support from the IMF.
November 12, 1998 -- Ghana Letter of Intent, November 12, 1998
This Letter of Intent of the government of Ghana describes the policies that Ghana intends to implement in the context of its request for financial support from the IMF.
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News Briefs
April 25, 2002 -- News Brief: IMF Managing Director Horst Köhler to visit Tanzania, Democratic Republic of Congo, Côte d'Ivoire, Burkina Faso and Ghana
February 22, 2002 -- News Brief: IMF Completes Fourth Review Under the PRGF Arrangement for Ghana and Approves US$65 Million Disbursement
June 28, 2001 -- News Brief: IMF Completes Ghana Review Under PRGF and Approves US$66 Million Disbursement
August 29, 2000 -- News Brief: IMF Approval of Ghana PRGF Credit Takes Effect
August 22, 2000 -- News Brief: IMF Completes Second Review of Ghana under PRGF-Supported Program and Approves In Principle US$35.1 Million Disbursement
November 19, 1999 -- News Brief: IMF Completes Review and Approves US$30 Million Credit Tranche for Ghana
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Other
March 21, 2008 -- Evaluation of the U.K. DFID-Financed Technical Assistance GDDS Project for Selected Anglophone African Countries (2001-06)
Subject: Andorra | Botswana | Eritrea | Ethiopia | Ghana | Kenya | Lesotho | Liberia | Malawi | Namibia | Nigeria | Sierra Leone | Sudan | Swaziland | Zambia | Zimbabwe | Technical assistance programs | General Data Dissemination System
December 08, 2005 -- Ghana - Staff Assessment of Qualification for the Multilateral Debt Relief Initiative
Subject: Multilateral debt relief initiative | Ghana
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Policy Framework Paper
April 13, 1999 -- Policy Framework Paper--Ghana: Enhanced Structural Adjustment Facility Policy Framework Paper 1999-2001--Table 1
Table: Timing and Implementation of Macroeconomic and Structural Adjustment Policies
April 13, 1999 -- Policy Framework Paper -- Ghana: Enhanced Structural Adjustment Facility Policy Framework Paper 1999—2001
Describes economic objectives, macroeconomic and structural policies for three-year adjustment programs supported by ESAF resources, as well as associated external financing needs and major sources of financing
March 09, 1998 -- Policy Framework Papers--Ghana--Enhanced Structural Adjustment Facility, Economic and Financial Policy Framework Paper, 1998-2000 - text
Prepared by the Ghanaian Authorities in Collaboration with the Staffs of the International Monetary Fund and the World Bank
March 09, 1998 -- Policy Framework Papers--Ghana--Enhanced Structural Adjustment Facility, Economic and Financial Policy Framework Paper, 1998-2000 - Tables
Tables
March 09, 1998 -- Policy Framework Papers--Ghana--Enhanced Structural Adjustment Facility, Economic and Financial Policy Framework Paper, 1998-2000 Table of Contents
Table of Contents. Prepared by the Ghanaian Authorities in Collaboration with the Staffs of the International Monetary Fund and the World Bank
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Poverty Reduction Strategy Paper
February 04, 2002 -- Ghana--Poverty Reduction Strategy Paper Preparation Status Report, February 4, 2002
Describes the country's macroeconomic, structural, and social policies in support of growth and poverty reduction, as well as associated external financing needs and major sources of financing.
June 30, 2000 -- Interim Poverty Reduction Strategy Paper--Ghana--Table of Contents
Summarizes the current knowledge and analysis of a country's poverty situation, describes the existing poverty reduction strategy, and lays out the process for producing a fully developed PRSP in a participatory fashion.
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Press Releases
November 11, 2009 -- Press Release: IMF Selects Ghana as Site for Regional Technical Assistance Center in Africa
November 03, 2009 -- Press Release: Statement by IMF African Department Director Antoinette Sayeh at the Conclusion of Her Visit to Ghana
July 16, 2009 -- Press Release: IMF Executive Board Approves US$602.6 Million PRGF Arrangement for Ghana
May 22, 2009 -- Press Release: IMF Staff Mission to Ghana Conducts Article IV Consultation, Makes Progress on Fund Support for Program