Ghana’s fiscal policy characterised by overspending, structurally weak domestic revenue mobilisation – IMF
Ghana’s fiscal policy has been characterised by recurrent periods of overspending, the International Monetary Fund (IMF) has stated in a statement after approving the $3 billion bailout package for Ghana to revive its economy. According to the Fund, past budgets have been marked by overly optimistic forecasts despite the existence of a fiscal council. It…