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imbalances in her economy This was barely two years after Ghana exited the Fund s supported programmes Ghana s u turn to the IMF in 2009 raised numerous questions given the concerns about the impact of IMF conditionalities on the Ghanaian economy

Science and Education Publishing Home

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have been classified as natural resource rich according to IMF criteria 1 They collectively account for more than 80 of the entire continent s GDP a quarter of which comes from the mining sector Africa Progress Report 2013 However while the

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Corporate income taxes mining royalties and other mining taxes A

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6 Mining in rapid growth economies 1 Rio Tinto wage costs soar as productivity falls Australian Business News 19 April 2013 2 Fresnillo CEO Eyes Mining Cost In fl ation of 7 In 2012 Dow Jones Business News 31 July 2012 3 Drilling down and 4

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