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Assets average annual increase balance of payments Bank credit bank financing Bank of Ghana borrowing cedi cent per annum changes in cocoa cocoa financing Commercial Banks consumption expenditures current account Current Arrears debt repayments development expenditures domestic external reserves February 23 fiscal foreign exchange reserves Ghana Annual Reports GHANAIAN ECONOMY Gross Domestic Product HOOVER INSTITUTION imports improving the rate increase in recurrent International Monetary Fund investment expenditures last three Long-term Loans March June September ment million in 1965 million per annum monetary expansion money supply National Liberation Council NC million Post-Devaluation original interest payments policies price increases prices of cocoa principal and interest private sector public sector raise the rate rate of growth rate of increase rate of investment rationalisation real consumption Receipts from cocoa recurrent expenditures recurrent revenues result rose shortage of foreign stability substantial Transfer Pay trend World Bank world prices