Moody’s upgrades Ghana’s rating, signals positive outlook

Global credit ratings agency Moody’s has upgraded Ghana’s long-term local and foreign currency issuer ratings, raising them to ‘Caa2’ from previous levels of ‘Caa3’ and ‘Ca.’ This marks a significant improvement for Ghana, driven by the country’s extensive debt restructuring, which has eased the government’s financial pressures. Moody’s also shifted Ghana’s outlook from ‘stable’ to … Continue reading Moody’s upgrades Ghana’s rating, signals positive outlook