Ghana remains exposed to volatility in gold, cocoa and oil prices; domestic risks also persist – IMF
On the performance of the PCI, it said “Performance under the PCI has been broadly satisfactory. Most quantitative targets under this review are met. In response to the decline in foreign exchange reserves in recent months, the authorities [Ministry of Finance & Bank of Ghana] have taken corrective actions, including moving foreign exchange intermediation from the Bank of Ghana to GoldBod, and implementing the higher gold sale requirement for large-scale miners”.