Ghana's Economy Surges Past $100 Billion, Shifts from IMF 'Supplicant' to Partner

Ghana has moved from IMF ‘supplicant’ to partner – Ato Forson declares as economy surges past $100 Billion

Among the key interventions highlighted were the introduction of Public Financial Management commitment authorisation controls to curb excessive spending, an audit of government arrears to eliminate recycled payment claims and overpayments, and amendments to the PFM Act to institutionalise a 1.5 percent primary surplus target and a 45 percent debt-to-GDP ceiling by 2034.

By Charles Nixon