Browsing Tag

outlook

Fitch Elevates Ghana’s Credit Rating to ‘B-‘; Stability Outlook Maintained

This recent development underscores a significant uptick in investor confidence regarding Ghana's economic recovery, strongly driven by the efforts of Finance Minister Dr. Cassiel Ato Forson. It's remarkable how resilient economies can be, and Ghana's journey serves as a poignant reminder of this resilience. Eurobond Restructuring and External Debt Talks Drive Upgrade Fitch’s optimistic assessment stems from Ghana's noteworthy strides in debt restructuring. A prime example is the successful negotiation of $13.1 billion in…

Africa’s Debt Outlook Brightens Amid Current Concerns

Exploring the Global Debt Landscape: A Focus on Africa In a world rife with financial turmoil, questions about fiscal strategies and national debts have become topics of dinner table conversations and boardroom debates alike. As it stands, our global financial ecosystem is moving towards a staggering $102 trillion in debt by 2024—a $5 trillion spike from the preceding year. It's a monumental figure, isn't it? But who exactly is steering this upward trajectory? The budgetary decisions of economic behemoths like the United…

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