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- W4244377923 abstract "Subject Ghana's IMF deal. Significance Implementing the recently agreed IMF Extended Credit Facility arrangement worth 918 million dollars over three years faces myriad challenges. The National Democratic Congress (NDC) government formally requested the agreement in August 2014 as macroeconomic shocks underscored the failure of its economic reform agenda. With limited financing options, the halving of global oil prices and a distressed debt profile, the authorities had little choice but to request the help that the IMF's Executive Board formally approved on April 3. Impacts The IMF programme will not address the structural imbalances behind the current crisis. The economy will remain dependent on a few commodities for foreign exchange and government revenue. Limited structural transformation leads to minimal employment outside the public sector, volatile export revenue and a reliance on imports." @default.
- W4244377923 created "2022-05-12" @default.
- W4244377923 date "2015-04-13" @default.
- W4244377923 modified "2023-09-27" @default.
- W4244377923 title "Ghana's IMF compliance to be highly uneven" @default.
- W4244377923 doi "https://doi.org/10.1108/oxan-db198908" @default.
- W4244377923 hasPublicationYear "2015" @default.
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