Ghana 2021 Article Iv Consultation Press Release Staff Report And Statement By The Executive Director For Ghana

Author : International Monetary
Publisher : International Monetary Fund
ISBN 13 : 1513590065
Total Pages : 91 pages
Book Rating : 4.66/5 ( download)

DOWNLOAD NOW!

Download or read book Ghana: 2021 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Ghana written by International Monetary and published by International Monetary Fund. This book was released on 2021-07-23 with total page 91 pages. Available in PDF, EPUB and Kindle. Book excerpt: Ghana has been hit hard by the pandemic. The government’s proactive response helped contain the spread of COVID-19, protecting lives and limiting the impact on economic activity. However, partly because of the pandemic, the fiscal position worsened considerably last year, with a sharp increase in public sector debt.

Author :
Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.80/5 ( download)

DOWNLOAD NOW!

Download or read book Ghana written by and published by . This book was released on with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Author : International Monetary
Publisher : International Monetary Fund
ISBN 13 : 1513597752
Total Pages : 84 pages
Book Rating : 4.51/5 ( download)

DOWNLOAD NOW!

Download or read book Georgia: 2021 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Georgia written by International Monetary and published by International Monetary Fund. This book was released on 2021-09-21 with total page 84 pages. Available in PDF, EPUB and Kindle. Book excerpt: High frequency estimates suggest a V-shaped recovery with output now poised to return close to 2019 levels already this year, much earlier than expected. Recently COVID-19 case numbers have risen sharply to new highs while vaccinations have also accelerated significantly after a slow start. The recovery has improved the fiscal outlook and the authorities submitted to Parliament a supplementary budget, with GEL 1.2 billion in additional spending roughly equivalent to the expected increase in revenues. The National Bank of Georgia (NBG) has increased the policy rate by 200 basis points to deal with high inflation driven by lagging effects of depreciation, commodity and food price increases, and supply side constraints.

Author : International Monetary Fund. African Dept.
Publisher : International Monetary Fund
ISBN 13 : 151352335X
Total Pages : 88 pages
Book Rating : 4.54/5 ( download)

DOWNLOAD NOW!

Download or read book Ghana written by International Monetary Fund. African Dept. and published by International Monetary Fund. This book was released on 2019-12-18 with total page 88 pages. Available in PDF, EPUB and Kindle. Book excerpt: This 2019 Article IV Consultation with Ghana highlights discussions focused on strengthening institutions and policies to preserve macroeconomic stability and promote inclusive growth, building on the authorities’ “Ghana beyond Aid” strategy. The government headline deficit is projected to reach 4.7 percent of gross domestic product in 2019, driven by lower-than-expected revenues, spending on flagship programs, and unexpected security outlays due to emerging security challenges in the region. Medium-term prospects are favorable, with robust growth driven mostly by the extractive sector. Election-related spending pressures in 2020 constitute the main risk to the baseline scenario. Fiscal risks in the financial and energy sectors could also impact the government deficit. Government borrowing needs are exposed to rollover risk that should be carefully managed as financing conditions could tighten. The commitment to the new fiscal rules is expected to help maintain fiscal discipline, as reflected in the unchanged policy baseline. A more ambitious fiscal stance is called for to reduce macroeconomic risks, accelerate debt reduction, and strengthen the external balance.

Author : International Monetary
Publisher : International Monetary Fund
ISBN 13 : 151358779X
Total Pages : 111 pages
Book Rating : 4.90/5 ( download)

DOWNLOAD NOW!

Download or read book Guinea: 2021 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Guinea written by International Monetary and published by International Monetary Fund. This book was released on 2021-07-06 with total page 111 pages. Available in PDF, EPUB and Kindle. Book excerpt: While the non-mining sector was severely impacted by the COVID-19 crisis, overall growth in Guinea remains strong, reaching 7 percent in 2020, driven by booming mining production. Inflation exceeded 12 percent as a result of COVID-related supply disruptions and the ongoing monetary and fiscal response. The already weak social indicators have deteriorated further.

Author : International Monetary
Publisher : International Monetary Fund
ISBN 13 : 1616352981
Total Pages : 127 pages
Book Rating : 4.81/5 ( download)

DOWNLOAD NOW!

Download or read book Guinea: 2021 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Guinea written by International Monetary and published by International Monetary Fund. This book was released on 2021-11-03 with total page 127 pages. Available in PDF, EPUB and Kindle. Book excerpt: While the non-mining sector was severely impacted by the COVID-19 crisis, overall growth in Guinea remains strong, reaching 7 percent in 2020, driven by booming mining production. Inflation exceeded 12 percent as a result of COVID-related supply disruptions and the ongoing monetary and fiscal response. The already weak social indicators have deteriorated further.

Author :
Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.03/5 ( download)

DOWNLOAD NOW!

Download or read book Guinea written by and published by . This book was released on with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Author : International Monetary
Publisher : International Monetary Fund
ISBN 13 :
Total Pages : 86 pages
Book Rating : 4.05/5 ( download)

DOWNLOAD NOW!

Download or read book Nigeria: 2021 Article IV Consultation-Press Release; Staff Report; Staff Statement, and Statement by the Executive Director for Nigeria written by International Monetary and published by International Monetary Fund. This book was released on 2022-02-09 with total page 86 pages. Available in PDF, EPUB and Kindle. Book excerpt: The economy is recovering from a historic downturn thanks to policy support, rebounding oil prices and international financial assistance. Benefiting from the authorities’ pro-active approach, COVID-19 infection rates and fatalities have been contained. With higher oil prices and the country entering into the 2023 Presidential election cycle, there are risks of delays in much needed fiscal and exchange rate reforms. Macroeconomic and structural policies should build confidence and ensure a robust exit from the crisis.

Author : International Monetary Fund. African Dept.
Publisher : International Monetary Fund
ISBN 13 : 1616356073
Total Pages : 73 pages
Book Rating : 4.71/5 ( download)

DOWNLOAD NOW!

Download or read book Ghana written by International Monetary Fund. African Dept. and published by International Monetary Fund. This book was released on 2014-05-30 with total page 73 pages. Available in PDF, EPUB and Kindle. Book excerpt: This 2014 Article IV Consultation highlights the emergence of large fiscal and external imbalances since 2012, which has created significant challenges for Ghana. A swift return to macroeconomic stability in 2013 was thwarted by weaker external and domestic conditions. Reflecting lower gold and cocoa exports, the current account deficit exceeded 12 percent of GDP. Although recently revised estimates point to an only moderate slowdown in growth to about 7 percent, the fiscal deficit target of 9 percent of GDP was missed by about 1 percentage point. Ghana’ short-term economic outlook is subject to significant risks, and growth is projected to slow to 43⁄4 percent in 2014.

Author : International Monetary
Publisher : International Monetary Fund
ISBN 13 : 1616357940
Total Pages : 87 pages
Book Rating : 4.48/5 ( download)

DOWNLOAD NOW!

Download or read book Algeria: 2021 Article IV Consultation-Press Release; and Staff Report; and Statement by the Executive Director for Algeria written by International Monetary and published by International Monetary Fund. This book was released on 2021-12-02 with total page 87 pages. Available in PDF, EPUB and Kindle. Book excerpt: The concomitant Covid-19 pandemic and oil price shock in 2020 have taken a heavy toll on the Algerian economy and the population. The authorities’ response helped mitigate the social and economic impact of the crisis. Nevertheless, the crisis exacerbated the Algerian economy’s vulnerabilities, making even more urgent the need for a new, more inclusive and sustainable, growth model. A recovery is underway in 2021, but the outlook remains challenging. While the recent rebound in hydrocarbon prices should buoy the recovery and ease immediate financing constraints, addressing long-standing structural challenges will help to realize Algeria’s vast growth potential for the benefit of its population.