Ghana: Joint Staff Advisory Note of the Poverty Reduction Strategy Paper and Annual Progress Report on Implementation of the Poverty Reduction Strategy Paper

IMF Staff Country Reports, June 15, 2006

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Ghana: Joint Staff Advisory Note of the Poverty Reduction Strategy Paper and Annual Progress Report on Implementation of the Poverty Reduction Strategy Paper

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Bibliographic details

• Published: June 15, 2006
• Series: IMF Staff Country Reports
• DOI: https://doi.org/10.5089/9781451814958.002

Executive Directors' assessment

• The Growth and Poverty Reduction Strategy (GPRS) outlines a comprehensive framework for growth and poverty reduction in Ghana.
• The GPRS II emphasizes private sector-led growth as key to broadening the country’s economic base.
• The GPRS II will benefit from analyzing risks to the strategy, including:
  • inability to implement planed structural reforms,
  • exogenous shocks and domestic factors,
  • fiduciary weaknesses,
  • capacity limitations.
• A comprehensive macroeconomic framework that is consistent with the medium-term fiscal framework and growth assumptions is required.

Key thematic areas covered

• Health
• Job training
• Labor
• Medium-term budget frameworks
• Poverty
• Poverty reduction strategy
• Public financial management (PFM)

Policy implications and recommendations (implied by the note)

• Strengthen implementation capacity to deliver planned structural reforms.
• Analyze and mitigate risks from exogenous shocks and domestic factors.
• Address fiduciary weaknesses to improve public financial management.
• Align the macroeconomic framework with the medium-term fiscal framework and growth assumptions.
• Emphasize private sector-led growth to broaden the economic base.

Content in this bundle

• The Growth and Poverty Reduction Strategy
  • The Growth and Poverty Reduction Strategy (Markdown version)
  • The Growth and Poverty Reduction Strategy (PDF)