Ebola And Falling Iron Ore Prices Will Widen Current Account Deficit

BMI View: Liberia's current account deficit will widen in 2015 thanks to falling iron ore prices and the ongoing Ebola crisis.We forecast that Liberia's current account deficit will widen to 33% of GDP in 2015, compared to 27% in 2014. The shortfall will increase again in 2016, to 34% of GDP, before beginning to reduce thereafter. The small West African economy's trade is being buffeted by the ongoing Ebola crisis and a fall in the global price of iron ore. Remaining Wide Liberia -...

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