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Fitch upgrades Ghana s long-term local-currency IDR to CCC

Fitch upgrades Ghana s long-term local-currency IDR to CCC
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Fitch ratingsSizeable debt service reductionWorld bank governance indicatorsWorld bankInternational development associationCorruption as world bank governance indicatorsLong term local currency issuer default ratingLong term foreign currencyCountry ceilingRating drivers domestic debt exchanges completedLong term local currencyDebt service reductionRestructuring bondsDefault continuesFirst reviewExtended credit

FULL TEXT: Ghana s recent IDR upgrade to CCC

FULL TEXT: Ghana s recent IDR upgrade to CCC
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Corruption as world bank governance indicatorsFitch ratingsSizeable debt service reductionWorld bankInternational development associationWorld bank governance indicatorsLong term local currency issuer default ratingLong term foreign currencyCountry ceilingDebt exchanges completedLong term local currencyDebt service reductionRestructuring bondsDefault continuesFirst reviewExtended credit

Fitch upgrades Ghana s long-term local-currency IDR to CCC from RD

Fitch Ratings has upgraded Ghana’s Long-Term Local-Currency Issuer Default Rating (IDR) to ‘CCC’ from ‘RD’. Fitch.

World bankWorld bank governance indicatorsInternational development associationSizeable debt service reductionCorruption as world bank governance indicatorsLong term foreign currencyCountry ceilingDebt exchanges completedLong term local currencyDebt service reductionRestructuring bondsDefault continuesFirst reviewExtended creditConsolidation under wayDebt expected

Fitch says it anticipates a decline in govt debt by end of 2023

Fitch says it anticipates a decline in govt debt by end of 2023
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Sizeable debt service reductionWorld bankWorld bank governance indicatorsCorruption as world bank governance indicatorsInternational development associationLong term foreign currencyCountry ceilingDebt exchanges completedLong term local currencyDebt service reductionRestructuring bondsDefault continuesFirst reviewExtended creditConsolidation under wayDebt expected