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World Economy

Ghana Outlook Stable

Fitch Ratings revised Ghana’s economic outlook to stable from negative. Fitch said the latest review was driven by the nation’s progress at stabilizing the economy and the commitment of the government to reduce the budget deficit, pulse.com reported. “Ghana is making progress in stabilizing its economy after its recent crisis period, with an expected revival in GDP growth, declining inflation, a more stable currency and increasing foreign exchange reserves. The ratings agency said it expect economic growth to improve to 6% in 2017 from an estimated 3.6% in