Budget support to Ghana: A risk worth taking?

Briefing papers
July 2007
Tony Killick and Andrew Lawson

This paper argues that donors have taken risks and made important contributions to Ghana by providing aid as budget support. In particular, budget support in Ghana has supported reforms in ways that other aid modalities would not have done. However, it has neither reduced risks nor maximised benefits. The paper argues that re-design is needed, with a focus on its effectiveness as a tool for budget financing, rather than for policy leverage.

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