Fitch Solutions
Tag Archive

Cedi to end 2023 at ¢11.40 to a dollar – Fitch Solutions

September 12, 2023 Fitch Solutions is forecasting that the Ghana cedi would end 2023 at ¢11.40 against the US dollar. This is lower than the ¢12.40 it predicted early in the year, at a time Ghana was yet to...

Written by:

September 12, 2023 / Comments (0)

Core inflation, rising interest rates remain key credit risks – Fitch

August 22, 2023 Inflation and interest rates remain the most significant watch item for global credit, Fitch Ratings has disclosed in its latest Risk Headquarters report. According to the rating agency,...

Written by:

August 22, 2023 / Comments (0)

Ghana to reach debt deal with external creditors in quarter 2, 2024 – Fitch Solutions

July 28, 2023 Fitch Solutions believes that Ghana will reach a debt deal with its external creditors in the second half of 2024. According to the UK-based firm, this should provide tailwinds to the...

Written by:

July 28, 2023 / Comments (0)

Economic activities in Ghana will get worse before getting better – Fitch Solutions

July 17, 2023 Fitch Solutions has reaffirmed its position that economic activities in Ghana will get worse before getting better in 2023. This is coming despite the expansion of the economy by 4.2%...

Written by:

July 17, 2023 / Comments (0)

Ghana’s fiscal economy to recover strongly; budget deficit to narrow substantially to 5.7% of GDP in 2023 – Fitch Solutions

July 13, 2023 Ghana’s fiscal economy is expected to recover significantly this year as the budget deficit would narrow substantially to 5.7% of Gross Domestic Product (GDP) in 2023/2024, down from an...

Written by:

July 13, 2023 / Comments (0)

Ghana’s IMF programme will not be suspended despite risk of government failing to meet targets  – Fitch Solutions

June 27, 2023 Fitch Solution has stated that Ghana’s International Monetary Fund Programme will not be suspended despite a higher-than-budgeted expenditure. According to its latest assessment of Ghana...

Written by:

June 27, 2023 / Comments (0)

Ghana has long way to restructure its debt; second round of DDEP expected – Fitch

June 14, 2023 Ghana has a long way to go to restructure its more than 400 billion debt, rating agency, Fitch, said. According to the UK-based firm, there could be a second round of the Domestic Debt...

Written by:

June 14, 2023 / Comments (0)

Fixed investment to grow at a low 1.3% in 2023 – Fitch Solutions

May 31, 2023 Fixed investment in Ghana will grow by a subdued 1.3% in 2023, below the 2015-2019 average of 2.7%, adding 0.3 percentage points to the headline growth. According to Fitch Solutions, this...

Written by:

May 31, 2023 / Comments (0)

BoG to commence monetary policy easing in quarter 4; inflation to fall further – Fitch Solutions

May 26, 2023 The Bank of Ghana will commence a monetary easing cycle in the 4th quarter of 2023, cutting the policy rate by 200 basis points (bps) to 27.50% by end-2023. According to Fitch...

Written by:

May 26, 2023 / Comments (0)

Ghana’s public debt to GDP decreased by 1% despite debt restructuring – Fitch

April 26, 2023 Despite a significant redemption reprofiling and a substantial reduction in interest rates, Ghana’s public debt-to-Gross Domestic Product (GDP) has only decreased by one percentage point...

Written by:

April 26, 2023 / Comments (0)