Ghana

The announcement by Ghanaian president John Atta Mills that the government is now seeking alternatives to the US$10bn STX housing project would appear to be the final nail in the coffin... 2012-01-27

BMI View: In line with our expectations, the Bank of Ghana kept the Monetary Policy Rate on hold at 12.50% in December 2011. Although the continued stability of inflation had prompted... 2011-12-22

The December 2012 elections - both legislative and presidential - will be a closely fought race. The incumbent National Democratic Congress will benefit from incumbency advantages as... 2011-12-22

BMI View: We see Ghana's fiscal position as a notable, but not overly worrying, risk to macroeconomic stability following the release of the 2012 budget on November 16, 2011. Although... 2011-11-17

BMI believes that it is too early to draw conclusions about whether or not oil revenues will be managed prudently in Ghana, but we think the signs so far are relatively encouraging.... 2011-11-17

BMI View: We are forecasting a mild deterioration in Ghana's budget position in 2012 in light of the elections. However, over the longer term, a significant improvement is expected... 2011-11-17

BMI View: Recent news of technical difficulties hampering oil production pose downside risks to our real GDP growth forecasts, and we may soon revise the numbers downward slightly.... 2011-10-23