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

July 19, 2004

Preview Citation

Format: Chicago

Ghana: Second Review Under the Poverty Reduction and Growth Facility and Request for Waiver of Nonobservance of Performance Criteria, (USA: International Monetary Fund, 2004) accessed November 23, 2024

Summary

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.

Subject: Budget planning and preparation, Expenditure, Oil prices, Poverty, Poverty reduction strategy, Prices, Public financial management (PFM)

Keywords: Africa, Agency wage payment, Bill, Budget planning and preparation, CR, Fund staff estimate, GUSS salary structure, ISCR, Oil prices, Pay, Poverty reduction strategy, SA wage obligation, Staff appraisal, Sub-Saharan Africa, Wage bill, West Africa

Publication Details

Pages:

103
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2004/210
Stock No:

1GHAEA0052004
ISBN:

9781451814897
ISSN:

1934-7685

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