Ghana; Three-Year Arrangement Under the Extended Credit Facility-Request for Modification of Performance Criterion-Staff Report
The report gives the details of the Ghanaian authorities’ request for modification of the performance criterion under the Extended Credit Facility (ECF)-supported program. The proposed loan involves borrowing at nonconcessional terms. The authorities’ request is with the intention to consider modification of the limit on external borrowing at nonconcessional terms in the context of the combined first and second reviews to accommodate new high-return projects, in line with the new IMF policy on debt limits.
Year of publication: |
2011-06-10
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Institutions: | International Monetary Fund (IMF) ; International Monetary Fund |
Subject: | Debt management | Extended Credit Facility | External borrowing | External debt | Performance criteria modifications | Staff Reports | oil company | oil and gas | public debt | debt sustainability | oil imports | national oil | oil refinery | gas sector | gas sectors | external public debts | oil and gas sector | debt service | debt obligation | public debts | power generation |
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