Macroeconomic Forecast Ghana

October 2006 | Macroeconomic Forecasts

We expect real GDP to grow by 5.8% this year, rising to 6% next year with continued improvement in the macroeconomic picture. The fiscal deficit should narrow slightly to under 3% of GDP, with inflation on a downward trend. A key worry remains the current account deficit, which we anticipate will grow to above 5% in 2006, in some part a result of higher export growth in comparison to last year.

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