74043
Ghana Outlook Positive
Ghana Outlook Positive

Ghana Outlook Positive

Ghana Outlook Positive

Ghana’s economic outlook has been revised from stable to positive by rating agency Standard & Poor’s. The country’s ‘B-’ long-term and ‘B’ short-term foreign and local currency sovereign ratings have also been affirmed by the rating agency, AllAfrica reported. S&P said the revision was informed by measures being undertaken by the government of Ghana to strengthen the economy of the West African country. “We expect Ghana’s new administration to implement numerous measures that would help strengthen public finances from their current very weak level,” S&P said. Furthermore, increased oil production which is helping the government to implement corrective fiscal economic measures influenced the revision.

 

Short URL : https://goo.gl/6DtCeD
  1. https://goo.gl/ewJiDM
  • https://goo.gl/fco8VJ
  • https://goo.gl/oJQJ2o
  • https://goo.gl/qyQpia
  • https://goo.gl/LrQn9s

You can also read ...

Cyber threats are ever-evolving.
The White House released a report that found that the economic...
Global Investors Target Zimbabwe Energy Sector
Zimbabwe has become a magnet for billionaire global firms such...
BSP said the planned RRR cuts are part of the bank’s financial market reforms.
The Bangko Sentral ng Pilipinas said it was reducing banks’...
FAO regional representative Julio Berdegue (R), and the deputy regional representative Eve Crowley.
Identifying territories where rural poverty is most entrenched...
Asean Labor Flows Hit a Wall
Tighter restrictions on foreign labor in Malaysia and Thailand...
The country’s GDP grew by 3.2% in 2017 but will  edge down in the coming years.
A report by the International Monetary Fund showed Sunday that...
Lagarde Backs Creation of European Monetary Fund
International Monetary Fund chief Christine Lagarde has no...
Baby-boomers will start turning 75 or older in 2022, which is expected to trigger a surge in health care and nursing care costs.
Amid stalling inflation and ballooning government spending,...

Add new comment

Read our comment policy before posting your viewpoints

Trending

Googleplus