Fitch revises fiscal deficit forecast downward to 9.1%

May 10, 2022 Fitch Ratings has revised the country’s fiscal cash deficit forecasts to 9.1 percent of gross domestic product (GDP) in 2022, from 9.5 percent since the last downgrading of Ghana to...

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May 10, 2022 / Comments (0)

Debt concerns, inflation push BoG to keep policy rate at 14.5%

February 1, 2022 The Monetary Policy Committee (MPC) of the Bank of Ghana has maintained the policy rate at 14.5 percent, citing elevated risk to inflation and debt sustainability challenges which have...

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February 1, 2022 / Comments (0)

Debt level sustainable despite Fitch downgrade – Finance Ministry

January 18, 2022 The Finance Ministry has moved to calm nerves over concerns about the country’s mounting debt situation – which has led to rating agency Fitch downgrading it – saying the rate of debt...

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January 18, 2022 / Comments (0)

Fitch: Sub-Sahara African debt burdens rising faster than elsewhere

July 1, 2020 Government debt burdens across sub-Saharan Africa are rising at a faster pace and to higher levels than elsewhere in emerging markets, heightening the risk of further rating downgrades and...

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July 1, 2020 / Comments (0)