Business News of Wednesday, 21 July 2021Source: www.ghanaweb.comThe Executive Board of the International Monetary Fund (IMF) has given Ghana's Economic Management Team thumbs up for its pragmatic steps towards economic recovery from the deadly Coronavirus pandemic. But the IMF had positive news, as its appraisals noted encouraging signs of recovery. The government response helped contain the pandemic and support the economy, but at the cost of a record fiscal deficit. The economic outlook is improving, even though risks remain, including from the evolution of the pandemic and rising debt vulnerabilities. While there are encouraging signs of an economic recovery, they noted that it remains uneven across sectors.

Source: GhanaWeb July 21, 2021 15:33 UTC