Core Views:
* Economic growth in Ghana will be buoyant over 2015-2018 thanks to improving power supplies, rising oil production and strong investment inflows - the latter encouraged by IMF policy oversight.
* Foreign investment inflows will be robust thanks to Ghana's abundant natural resources and relative political stability.
* The current account deficit and fiscal deficit will remain key structural weaknesses in the economy.
* Peaceful protests against economic hardship will continue, despite the fact that the government has approached the IMF for assistance. Ghanaians are wary of the conditions that may be attached to IMF support.
Major Forecast Changes:
Full Report Details at
- http://www.fastmr.com/prod/871625_ghana_business_forecast_report_q4_2014.aspx?afid=101
* We have adjusted our budget forecasts following news that Ghana will enter an IMF program. We no longer expect the budget deficit to swell in the next election year - 2016 - thanks to an anticipated improvement in policy monitoring.
Key Risks To Outlook:
* 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.
* The Ebola virus could spread to Ghana, causing severe illness and death, and disrupting economic activity.
The Ghana Business Forecast Report helps businesses with market assessment, strategic planning and decision making to promote growth and profitability in The Ghana and is an essential tool for CEOs, Chairmen, Finance Directors/CFOs, Managing Directors, Marketing/Sales Directors with commercial interests in this emerging market..
An influential new analysis of The Ghana's economic, political and financial prospects through end-2017, just published by award-winning forecasters, Business Monitor International (BMI).
Key Uses
* Forecast the pace and stability of The Ghana's economic and industry growth through end-2017.
* Identify and evaluate adverse political and economic trends, to facilitate risk mitigation.
* Assess the critical shortcomings of the business environment that pose hidden barriers and costs to corporate profitability.
* Contextualise The Ghana's country risks against regional peers using BMI's country comparative Risk Ratings system.
* Evaluate external threats to doing business in The Ghana, including currency volatility, the commodity price boom and protectionist policies.
The Ghana Business Forecast Report by Business Monitor International (BMI) includes three major sections: Economic Outlook, Political Outlook and Business Environment.
Economic Outlook:
How will the Ghanaian economic policy-making and performance impact on corporate profitability over 2013-2017?
BMI provides our fully independent 5-year forecasts for The Ghana through end-2017 for more than 50 economic and key industry indicators. We evaluate growth, and also forecast the impact of economic management.
Economic Outlook Contents
The Ghana Business Forecast Report features BMI's forecasts with supporting analysis for 2013 through to end-2017, set against government views and BMI's evaluation of global and regional prospects.
Key Areas Covered:
Data:
* Full 10-year forecasts with data - for key macroeconomic variables including GDP (real growth and per capita), population, inflation, current account balance and the exchange rate.
* BMI's comprehensive Risk Ratings system - rates each country worldwide for economic and political risk, and rates the business environment, within a global and regional context.
Written Analysis:
* Economic Activity - real GDP growth, employment, inflation, consumption (retail sales and confidence).
* Balance of Payments - trade and investment, current and capital account.
* Monetary Policy - interest rate trends (bank lending and deposit rates) and inflation (producer price and consumer price).
* Exchange Rate Policy - currency controls, foreign investment flows, exchange rates and foreign exchange reserves.
* Fiscal Policy - macroeconomic strategy and policies, government finance and tax reforms.
* Foreign Direct Investment - approvals, inflows and climate.
* External Debt - debt profile (short and long-term plus public and private sector exposure).
* Global Assumptions - forecasts for each year to end-2017 covering: major commodities, growth in key regions, inflation, and interest and exchange rates, in the United States, Japan, China and the eurozone.
Key Benefits
* Rely upon BMI's 100% independent forecast scenarios for The Ghana and underlying assumptions - we take no advertising and are privately-owned.
* Exploit the benefits of BMI's comprehensive and reliable macroeconomic database on The Ghana, sourced and fully maintained by BMI from an extensive network of private sector, government and multilateral contacts.
* Gain key insights into the current and future direction of government economic policy, which could significantly affect your company's business prospects, from BMI's team of analysts and economists.
Political Outlook:
What are the political risks to doing business in The Ghana over the next 5-years?
BMI's The Ghana country Risk Ratings evaluate the short- and medium-term threats to political stability.
Political Outlook Contents
* SWOT Analysis for the Ghanaian Market - Political Strengths, Weaknesses, Opportunities and Threats facing The Ghana.
* Political Stability and Risk Assessment - BMI's Risk Ratings assess explicit short- and long-term risks to political stability; latest ratings, rankings and trends for The Ghana's risk are compared with regional and global averages.
* Current Administration and Policy-making BMI assesses the threats to the continuity of economic policy, and likely changes to the business operating environment.
Key Benefits
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.
read full article