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PFM Tax Africa’s assessment of IMF’s Article IV [Full Document]

4 years ago
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PFM Tax Africa’s assessment of IMF’s Article IV [Full Document]

If Government of Ghana (GOG) adopts IMF Article IV plan, it will rely on GRA to increase revenue for 2021 Q2-Q4 (given stagnant Q1-2021).

While IMF adjusts for non-zero Bailout Cost impact in 2021 (and keeps spending stagnant), the nation must await & prepare for a steep & ambitious decline (3.6%) in deficit in 2022 (10.4%) – based on no revenue rise & an “All-expense Austerity Budget” in 2022. 

– PFM Tax Africa

Peruse below details of the report:

IMF (2021) Article IV Review (1) by Fuaad Dodoo on Scribd

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Source: PFM Tax Africa
Via: norvanreports
Tags: Bank of Ghana (BoG)BitcoinBOGChinaCovid-19COVID-19 pandemicghanaIMFNigeriaPFM Tax AfricaPFM Tax Africa's assessment of IMF's Article IV [Full Document]World Bank
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