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Ghana: First Review Under the Extended Credit Facility Arrangement and Request for Waiver and Modifications of Performance Criteria - Press Release; Staff Report; and Statement by the Executive Director for Ghana
Summary:All but one performance criteria were met at end-April 2015 and structural benchmarks were largely completed, some with delays. However, there was non-observance of the continuous performance criterion on the ceiling on gross credit to government by Bank of Ghana (BoG) in April by a small margin and the indicative targets on inflation and social protection spending were missed, the latter because of a very slight delay in some spending.
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