Fitch Lifts Ghana Credit Rating to B on Fiscal Gains
Fitch upgraded Ghana's rating to B citing fiscal reforms and robust growth. The agency expects public debt to fall to 46% of GDP by 2027 as reserves rise.
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Fitch upgraded Ghana to B from B- on Friday, citing fiscal reforms and robust GDP growth. The move follows similar rating hikes by Moody's and S&P as Ghana recovers from economic distress. Improving creditworthiness lowers external liquidity risks and signals a stabilizing environment for sovereign debt investors.
