Ghana's debt to GDP ratio at 56 percent in 2013


(MENAFN) New data released showed that the International Monetary Fund (IMF) estimates Ghana's debt to gross domestic product (GDP) share for 2013 year-end to be 56 percent, Xinhua reported.

"The number corresponds to the level projected at end-2015 under our baseline scenario published in the World Economic Outlook, which assumes the continuation of current economic policies," the IMF added.

Ghana accessed USD1.0 billion in Eurobonds last month, while the country's cocoa regulator, the COCOBOD also raised USD1.7 billion in a forward-trade of the country's cocoa stock for next year.


Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.