Ghana's fiscal performance is strongly improved on last year and the country's full-year fiscal targets are within reach but spending must be closely scrutinised and kept in check, the International Monetary Fund said on Friday, according to Reuters. Economic growth is expected to exceed 13 percent, supported by the start of oil production late last year and the strong performance of other sectors of the economy, the Fund said at the end of a mission to the West African nation. The Bank of Ghana left its prime rate unchanged at 12.5 percent on Thursday, a move welcomed by analysts who say there are upside risks of inflation ticking up, even though the government said it would remain in single digits this year. -- SPA
