The International Monetary Fund is projecting a significant reduction in Ghana’s fiscal deficit to Gross Domestic Product (GDP) in 2023 and the next five years.
Futures markets suggest that crude oil prices will slide by 16.5% year-on-year to an average $80.5, the October 2023 World Economic Outlook has revealed.
The IMF Mission Chief for Ghana, Stephane Roudet has disclosed that government must secure the required financing assurance from external bilateral creditors before its board can approve the next tranche of funds for the country.