IMF Questions Ghana Over Growth Rate Figures

Sanjeev Gupta, Deputy Director, Fiscal Affairs Department  for the IMF said at the Fiscal Monitor Report briefing in Washington, that 'the debt-to-GDP ratio in Ghana is 71%, not 60%; so it is much higher than you mentioned.'

This is contrary to the figures the Monetary Policy Committee of the Bank of Ghana released after examining the health of the economy at the end of June 2014.

Officials from the IMF are expected back in Ghana in November to begin the third round of talks for a bailout programme.

On October 9, the team leading Ghana's negotiations with the IMF traveled to Washington in the United States to begin the  s econd round of negotiations   over an economic bailout programme.

Credit: Anim Kwaku Boadu | Citifmonline.com