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 ...

While China tries to alleviate its demographic crunch, the aging society means a pension shortfall.
Forget that image of sweatshops making all kinds of cheap...
Russia Economic Recovery Underway
Retail sales in Russia picked up in April, while real wages...
In 2017 banks had total mortgage lending of around $352 billion.
High levels of household debt are the greatest risk to Sweden’...
Greece at Crucial Point
Discussions are heating up over future debt repayments for...
Peru Economy Strengthens
Economic growth in Peru strengthened in the first quarter...
Saudi Gov’t Told Not to Boost Spending
The International Monetary Fund urged the Saudi government not...
Brazil CB Keeps Rates on Hold
Brazil’s central bank considered cutting interest rates last...
EU Tells Italy to Cut Debt, Warns of Euro Spillover
Italy’s incoming government should aim to cut its heavy public...

Add new comment

Read our comment policy before posting your viewpoints

Trending

Googleplus