New Market Research Report: Ghana Country Risk Report Q3 2016

Economic growth in Ghana in 2016 will improve on last year, but will remain below its 10-year average due to tight monetary and fiscal policy. The tighter reins on the economy will build a solid platform for more sustainable growth from 2017 onwards, when we expect that Ghana will become a regional success story once more.

Ghana's delayed 2016 eurobond issuance will make an appearance later in the year, as an integral part of the government's fiscal consolidation programme. The budget deficit will come down this year, but the slump in the oil price will necessitate more borrowing than previously envisaged.

Ghana's current account deficit will narrow over the next several years, but will remain wide as the country's primary exports struggle. Low oil prices in particular will weigh on the balance this year.

Full Report Details at
- http://www.fastmr.com/prod/1182675_ghana_country_risk_report_q3.aspx?afid=301

Persistently high inflation and a hawkish tone from the central bank's communiques has led us to the conclusion that Ghana's rate-hiking cycle is not yet over, and that the new central bank governor will continue his predecessor's work. We forecast a further 100 basis points of hikes at the next monetary policy committee meeting.

Key Risks:

If the government fails to abide by the IMF's conditionality following the deal finalised in early 2015, investor sentiment will sour severely.

The Ghanaian cedi remains vulnerable amid the sizeable current account deficit and could depreciate more swiftly than we anticipate.

Mismanagement of oil revenues - perhaps stemming from insufficient institutional capacity - could dent investor perceptions.

Assess your risk exposure in Ghana with our 100% independent forecasts assessing the pace and stability of this key market. Backed by trusted data from BMI Research's 52 million data point economic forecast model, this report will allow you to measure political, economic, business environment and operational risks in Ghana with confidence.

Your subscription service includes:
Delivery of the report in print and PDF
Online access for 12 months
The functionality to translate your online report into your choice of 10 languages - Arabic, Chinese, French, German, Italian, Japanese, Korean, Portuguese, Russian and Spanish
The ability to export data and graphs from the online report directly into your workflow
The support of a dedicated Account Manager to answer any questions you might have about your subscription
Access to our team of leading analysts who will be happy to answer any questions you might have about the data and forecasts included in this report

About Fast Market Research

Fast Market Research is a leading distributor of market research and business information. Representing the world's top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff is always available to help you find the right research to fit your requirements and your budget.

For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 1.800.844.8156 (1.413.485.7001 Int'l)

You may also be interested in these related reports:

- Namibia Country Risk Report Q3 2016
- Indonesia Country Risk Report Q3 2016
- Hungary Country Risk Report Q3 2016
- Latvia Country Risk Report Q3 2016
- United States Country Risk Report Q3 2016