Fitch upgrades Ghana’s credit rating to ‘B-‘; Outlook Stable
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.
Ghana
Ghana’s currency best performing globally, boosted by IMF aid, oil, and gold
The Ghanaian cedi has surged nearly 50 percent against the US dollar in 2025, outperforming all other global currencies.
Ghana’s annual inflation rises by 80bps as prices of key food products spike
Ghana’s annual inflation rate ended December 2024 with a notable increase of 80 basis points, climbing to 23.8%.
Ghana’s GDP grows at 6.9%, fastest pace in 5 years
Ghana’s economy in the second quarter of the year expanded at the fastest pace in five years dating back to the second quarter of 2019 beating expectation by analysts and economists.
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