Business News

Business News

S&P downgrades Ghana to CCC+/C, outlook negative

S&P Global Ratings on Friday pushed Ghana’s debt further into speculative territory, lowering its foreign and local currency sovereign ratings to CCC+/C from B-/B. S&P said its outlook for the country is negative, “reflecting Ghana’s limited commercial financing options, and constrained external and fiscal buffers.” The Covid-19 pandemic and the […]

Business News

IMF Staff Concludes Visit to Ghana 

IMF Staff Concludes Visit to GhanaJuly 13, 2022 End-of-Mission press releases include statements of IMF staff teams that convey preliminary findings after a visit to a country. The views expressed in this statement are those of the IMF staff and do not necessarily represent the views of the IMF’s Executive […]