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Market Report, "Ghana Business Forecast Report Q1 2014", Published

New Country Reports research report from Business Monitor International is now available from Fast Market Research

 
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Boston, MA -- (SBWIRE) -- 12/23/2013 -- The Ghanaian economy will enjoy strong economic growth over the medium term, propelled by the nascent oil and gas sector.

Ghana's abundant natural resources, fast growth trajectory and relative political stability augur for strong foreign investment inflows.

The current account deficit and fiscal deficits will remain key structural weaknesses in the economy.

Ghana's reputation for political stability remains intact following the December 2012 elections and the nation is widely regarded as a safe place to do business.

Major Forecast changes

No major forecast changes.

Key risks to outlook

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

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