cover of episode Ghana's Credit Ratings

Ghana's Credit Ratings

2024/10/14
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Joy Business Report @1

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Global ratings agencies, Fitch and Moody’s have sparked confidence in Ghana’s Long-Term Local-Currency (LTLC), raising the country’s credit ratings from the previous ones. While Fitch upgraded the country’s Long-Term Local-Currency Issuer Default Rating (IDR) from ‘CCC’ to ‘CCC+’, Moody’s raised the ratings from the previous levels of ‘Caa3’ and ‘Ca to ‘Caa2.’