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Implications of Quasi-Fiscal Activities in Ghana

This paper assesses the scope and coverage of quasi-fiscal activities (QFAs) in Ghana. We find that while QFAs have been reduced recently, they remain significant. The extensive nature of these activities has several macroeconomic and structural policy implications. An extended measure of public sec...

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Bibliographic Details
Main Author: Chivakul, Mali
Other Authors: York, Robert
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 2006
Series:IMF Working Papers
Subjects:
Finance, Public
Depository Institutions
Public Administration
Public-private Enterprises
Public Ownership
Nonprofit Organizations And Public Enterprise: General
Banks
Public Finance & Taxation
Banks And Banking
Public Enterprises
Public Sector
Government Business Enterprises
Micro Finance Institutions
Fiscal Policy
Mortgages
Nationalization
Contingent Liabilities
Public Sector Accounting And Audits
Civil Service & Public Sector
Macroeconomics
Banking
Central Banks And Their Policies
Quasi-fiscal Operations
Public Finance
Ghana
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
Description
Summary:This paper assesses the scope and coverage of quasi-fiscal activities (QFAs) in Ghana. We find that while QFAs have been reduced recently, they remain significant. The extensive nature of these activities has several macroeconomic and structural policy implications. An extended measure of public sector operations, including QFAs, presents a clearer picture of Ghana's fiscal stance and fiscal adjustment from one for the central government alone; QFAs have led to serious distortions in energy and water consumption; and they have distorted the investment decisions of both public enterprises and the private sector
Physical Description:47 pages
ISBN:9781451862843

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