Ghana

Finance Minister Kwadwo Baah-Wiredu announced on November 15 that the 2008 budget will aim at an overall deficit of no more than 4.0% of GDP, which represents only a minor increase... 2007-11-21

As Ghana's top foreign exchange earner alongside gold, the fate of the cocoa crop is pivotal to the broader fortune of the economy. As things stand the outlook for the 2007/08 harvest... 2007-10-31

The battle for the leadership of the ruling New Patriotic Party (NPP) is well underway, with the polls set for December. The large number of candidates vying for the position has... 2007-10-31

We forecast that the inflation rate will continue to ease over the next two years, dropping to 9.5% at the end of 2007 and to 7.5% year-end in 2008. We also see real GDP growth falling... 2007-10-30

According to the Ghanaian Chronicle, the war against the use of Ghana as a transit route by drug barons could decelerate ahead. Operation Westbridge, conceived by the British government... 2007-10-03

Ghana's forthcoming maiden sovereign bond issue has recently been processed through the rating machinery at Fitch and Standard & Poor's with both agencies placing it on a par... 2007-09-20

BMI View: We see Ghana as being on a more sound financial footing than in recent years, with foreign debt levels much improved since 2005. This should remain the case over the coming... 2007-08-22

The latest inflation data issued by the Ghana Statistical Service (GSS) suggest inflation is easing: July inflation came in at 10.1% y-o-y, compared with the 10.7% posted for June.... 2007-08-22

BMI View: The shortage of light crop beans poses a risk to the nascent cocoa processing industry in Ghana. Still, we expect the higher-value processing to buoy the balance of payments... 2007-08-22

Judging by the Bank of Ghana's (BoG) most recent Financial Stability Report the health of the Ghanaian banking sector is on an encouraging trajectory. Strong asset growth coupled... 2007-07-26