Oxford Economic Country Briefings, October 26th, 2007
Highlights and Key Issues
* GDP is forecast to grow by some 5% this year, after an estimated 5.3% increase in 2006. Growth is underpinned by high gold exports and reasonably good agricultural production. In addition, investment in infrastructure, particularly roads, electricity, and telecoms, is also driving growth.
* Inflationary pressures have been edging up again this year on higher international oil prices and reasonable economic growth. Inflation is expected to average close to 2% this year, but could edge higher in 2008 as a result of faster public sector wage growth.
* The current ac...
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