The International Monetary Fund support for Ghana will likely depend on the government’s ability to show a path towards bringing the present value of debt to 55% of Gross Domestic….
A Senior Lecturer at the Department of Economics of the University of Ghana, Prof. Eric Osei-Assibey says Ghana should expect more downgrades from rating agencies until a deal is reached….
International ratings agency, Fitch Ratings, has downgraded Ghana’s creditworthiness to further junk status. In its latest report on Ghana, it said “Fitch Ratings downgraded Ghana’s Long-Term Local Currency (LC) Issuer Default….
Ghanaian banks could face significant pressure on their capitalisation due to the restructuring of local-currency (LC) sovereign debt, Fitch Ratings says. Fitch believes banks will suffer large economic losses when….
A regional communicator for the New Patriotic Party (NPP), Patrick Yaw Awuku, has asserted that there are people who are only working and doing things to tarnish the image of….
Rating agency, Fitch, sees more than 50% chance of Ghana defaulting on its debt repayment. According to the rating agency, the country’s sovereign credit rating may face another downgrade closer….
A Senior Director at ratings agency, Fitch, Mahin Dissanayake, has warned Ghana of a possible sovereign debt default, saying, any kind of debt restructuring could threaten the local banking sector…..
