Article IV Plaudits

October 2008 | Economic Analysis

The International Monetary Fund in October published its annual 'Article IV' assessment of Ghana's economy. Strong growth stemming from both the public and private sectors was noted. The prospect of oil production from 2010 onwards should help to accelerate development, according to the IMF, provided that Ghana avoids the 'oil curse' of weak governance and boom-bust cycles. However, the international body pointed out several key economic

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