Ghana: Ex Post Assessment of Longer-Term Program Engagement

June 20, 2007

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Ghana: Ex Post Assessment of Longer-Term Program Engagement, (USA: International Monetary Fund, 2007) accessed November 22, 2024

Summary

This Ex-Post Assessment of Longer-Term Program Engagement for Ghana explains its experience with particular attention to the IMF's role. Progress in structural reform was slow, but Ghana also avoided mistakes made by some countries that introduced reforms without enough public support. Ghana’s success in its reforms is embedded in the strengthening of democratic institutions that allow for greater public ownership of the reforms. Continual structural reform is essential to ensure that macroeconomic stabilization is durable. Recent slippages underscore the need to further improve fiscal institutions to control expenditures.

Subject: Banking, External debt, Inflation, Prices, Public debt, Public financial management (PFM), Tariffs, Taxes

Keywords: Central bank, CR, Debt management, Economic recovery, Exchange rate, Inflation, ISCR, Low-access PRGF, Monetary policy, PRGF arrangement, Private sector, Sub-Saharan Africa, Tariffs

Publication Details

Pages:

55
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2007/211
Stock No:

1GHAEA2007003
ISBN:

9781451814996
ISSN:

1934-7685

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