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African Economic Outlook 2006

image of African Economic Outlook 2006

This fact-filled reference book brings the reader the latest available economic information for most of the economies of Africa.  Drawing on the expertise of both the African Development Bank and the OECD, it opens with an overview that examines the international environment, macroeconomic performance, progress towards attaining the Millennium Development Goals, and governance and political issues.  This edition includes a special section on transport infrastructure issues.  The second part provides individual country reports for 30 countries.  Each country report provides an assessment of recent economic performance, projections for 2006 and 2007, an examination of structural issues, and a discussion of the political and social context.  The statistical annex presents 23 tables comparing economic and social variables across all the countries of Africa.

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Ghana

OECD Development Centre

The Ghanaian economy is reaping the benefits of macroeconomic and structural reforms and nearly fifteen years of political stability. Strong domestic revenue mobilisation, prudent expenditure management, and debt relief granted under the Heavily Indebted Poor Countries (HIPC) debt reduction programme, along with recent debt reduction promises by the G8, have improved the government’s fiscal position. At the same time, credible monetary policy has eased inflationary expectations, brought down the cost of borrowing and provided stability in the foreign exchange market. This improving...

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