01994cas a2200241 a 4500 AALejournalIMF017161 230101c9999 xx r poo 0 0eng d 5.00 USD 9781475543582 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. African Dept. Ghana : Third Review Under the Extended Credit Facility Arrangement and Request for Waiver for Nonobservance of Performance Criteria, and Modifications of Performance Criteria-Press Release; Staff Report; and Statement by the Excutive Director for Ghana. Washington, D.C. : International Monetary Fund, 2016. 1 online resource (121 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This paper discusses Ghana's Third Review Under the Extended Credit Facility arrangement and Request for Waiver for Nonobservance of Performance Criteria (PCs), and Modifications of PCs. Program implementation in Ghana remains broadly satisfactory, but the economic outlook remains difficult and fiscal challenges are mounting. The growth outlook for 2016 and 2017 has weakened, mainly owing to disruptions in oil production, and non-oil economic activity is expected to remain subdued owing to continued fiscal consolidation and tight monetary policy. There was broad agreement with the authorities on the need to sustain a tight monetary stance given the still high inflation. The IMF staff recommends completion of the third review. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2016/321 Full text available on IMF http://elibrary.imf.org/view/journals/002/2016/321/002.2016.issue-321-en.xml IMF e-Library