Fitch Solutions Projects Positive Outlook For Ghana Cedi
The Ghana cedi is expected to recoup some losses against the dollar in the coming months, Fitch Solutions has revealed. According to the London-based firm, this is due to improved….
Tag: Fitch solutions
Ghana, Mozambique To Record Joint Fastest Growth Rate In Furniture Spending In SSA – Fitch Solutions
Ghana and Mozambique will record the joint fastest growth rate in furniture spending over the medium term, with the respective markets forecast to grow around 8.4% year-on-year and 9.3% year-on-year….
External Debt Exchange: Ghana likely To Make Positive Development With Bilateral Creditors Before End Of 2023
Fitch Solutions has hinted that Ghana is likely to make progress with its bilateral debt creditors quickly with a positive development before the end of the year. According to the….
Ghana’s Health Budget To Expand To ¢16.5Bn In 2024; Medical Devices Market To Post Double Digit Growth – Fitch Solutions
Ghana’s health budget is expected to expand to ¢16.5 billion in 2024, from ¢15.2 billion in 2023. According to Fitch Solutions, the medical device market will benefit from increasing government….
Cedi To End 2023 At ¢11.40 To A Dollar – Fitch Solutions
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….
Oil Prices To Stabilise Around $84 Per Barrel In 2023 – Fitch Solutions
Oil prices are expected to stabilise at around $84 per barrel for the rest of the year. According to Global Economist, Emerging Markets at Fitch Solutions, John Ashbourne, this is….
Ghana To Reach Debt Deal With External Creditors In Quarter 2, 2024 – Fitch Solutions
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….
Policy Rate To Be Kept At 30% At Next MPC Meeting – Fitch Solutions Predicts
Fitch Solutions is forecasting a steady policy rate of 30.0% by the Bank of Ghana at its next meeting in September 2023. It however believes that the Central Bank will….
Ghana’s IMF Programme Will Not Be Suspended Despite Risk Of Government Failing To Meet Targets – Fitch Solutions
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 Titled “Positive Shift in Ghana’s….
Fixed Investment To Grow At A Low 1.3% in 2023 – Fitch Solutions
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,….