Economy deteriorated in 2016 - IMF

The International Monetary Fund (IMF) has expressed shock at the level of deterioration of various economic indicators in 2016 saying Ghana's fiscal problems required strong efforts of consolidation and the government also needed to urgently address a problem of debt among state enterprises The Fund listed large fiscal slippages, deterioration of overall fiscal deficit, large expenditure overruns and the slow rate at which inflation is falling among others as worrying. Read Full Story