Global credit rating agency Fitch Ratings has upgraded Ghana’s Long-Term Foreign-Currency Issuer Default Rating (IDR) from ‘Restricted Default’ to ‘B-’ with a Stable Outlook. This signal growing investor confidence in Ghana’s economic recovery under the leadership of Finance Minister Dr. Cassiel Ato Forson. The upgrade reflects significant progress in Ghana’sContinue Reading
Bank of Ghana Governor, Dr Johnson Pandit Asiama, has said that one of the most powerful signals a central bank can send to markets is policy consistency, especially during periods of uncertainty. In this spirit, he said, at its most recent meeting held just days ago, the Monetary Policy CommitteeContinue Reading
After years of economic turbulence marked by ballooning debt, cedi depreciation, and waning investor confidence, Ghana is finally witnessing a refreshing reset under the stewardship of the Governor of the Bank of Ghana and the current Finance Minister, Hon. Ato Forson. The duo has not only brought technical clarity toContinue Reading
In a significant endorsement of Ghana’s economic recovery efforts, global credit rating agency S&P Global Ratings has upgraded the country’s foreign-currency sovereign credit rating from Selective Default (SD) to CCC+, reflecting renewed investor confidence and the positive momentum in economic management under the leadership of Finance Minister Dr. Cassiel AtoContinue Reading
Finance Minister Dr. Cassiel Ato Forson has called on his staff to provide their collective support in steering Ghana towards economic stability. Ghanaian-themed art He made the appeal during an inaugural meeting with the top management of the Ministry of Finance on Thursday, January 23, 2024, following his approval byContinue Reading
President Nana Addo Dankwa Akufo-Addo has hailed the country’s ongoing programme with the International Monetary Fund (IMF), describing its progress as highly successful. The President also points out that, the economy has performed better than initially projected under the programme – which is indicative of a stronger recovery trajectory. SpeakingContinue Reading