Fitch Ratings upgrades Ghana's long-term foreign currency debt to B

14 articles · Updated · Bloomberg · May 8

The rating was raised from B- and assigned a positive outlook, while S&P rates Ghana at B- and Moody's at Caa1.
Fitch cited improved fiscal management and higher foreign reserves as key reasons for the sovereign credit upgrade.
The agency said conflict in the Middle East still threatens Ghana's economic recovery despite the stronger assessment.

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