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Mr Ken Ofori-Atta, Minister of Finance The Ministry of Finance says Ghana continues to be categorised as a ‘Lower-Middle Income Economy’ based on widely-recognised classification of the World Bank and the United Nations. The Ministry, in a statement by its Public Relations Unit, said publications in the media that Ghana had been downgraded as a low income country by the International Monetary Fund (IMF), in accordance with its latest Fiscal Monitor, was incorrect because the IMF Fiscal Monitor did not classify countries by income levels. In a statement it said the IMF instead analysed latest public finance developments, updated medium-term fiscal projections, and assessed policies to put public finances on a sustainable footing. ....
+ The Ministry of Finance says Ghana continues to be categorized as a ‘Lower-Middle Income Economy’ based on widely-recognized classification of the World Bank and the United Nations. The Ministry, in a statement by its Public Relations Unit, said publications in the media that Ghana had been downgraded as a low income country by the International Monetary Fund (IMF), in accordance with its latest Fiscal Monitor, was incorrect because the IMF Fiscal Monitor did not classify countries by income levels. It said the IMF instead analysed latest public finance developments, updated medium-term fiscal projections, and assessed policies to put public finances on a sustainable footing. ....