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Ghana - Promoting growth, reducing poverty (Английский)

The policy reforms since 1983 have reduced the fiscal deficit and inflation, helped improve infrastructure services, and shifted relative prices and incentives towards the tradable sector, in general, and towards exports, in particular. The key element of fiscal consolidation up to 1991 was the growth in government revenues, whose share of Gross Domestic Product (GDP) rose from 6 percent in 1983 to 13 percent in 1986 and to 16 percent in 1991. Higher...
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