Tag: Fitch Solutions
Business
Fitch Solutions forecasts continued poor loan quality for banks in 2024
Fitch Solutions has revealed that the majority of banks in Ghana are expected to continue facing challenges with poor loan quality throughout 2024.This...
Business
Ghanaian cedi expected to get stronger in 2nd half of 2024 – Fitch Solutions
Fitch Solutions, an international rating agency, has projected a forthcoming appreciation in the value of the Ghanaian cedi.The agency attributed this optimistic outlook to...
Business
Fitch Solutions forecasts Ghana’s economy to recover by 3.5% in 2024
Fitch Solutions projects a strong recovery for Ghana's economy in its April 2024 Sub-Saharan Africa Macroeconomic Update, following two challenging years.While the World Bank...
Business
Potential interest rate cuts expected in Ghana due to import costs – Fitch Solutions
Fitch Solutions predicts potential upward risks to Ghana's interest rate outlook, pointing to geopolitical tensions and disruptions in global trade that may result in...
Business
Stable cedi exchange rate expected in Q1 2024 – Fitch solutions report
Fitch Solutions, an international rating agency, forecasts a stable exchange rate for the Ghanaian cedi (GHS) in the first quarter of 2024.The prediction...
Business
Fitch Solutions predicts a reduction in policy rate by 8%, bringing it down to 22% in 2024 by BoG
Fitch Solutions predicts that the Bank of Ghana will initiate a significant monetary easing cycle, reducing the policy rate by a total of 800...
News
Fitch Solutions predicts an overrun in public expenditure ahead of December 2024 elections
In anticipation of the general elections scheduled for December 2024, Fitch Solutions is forecasting a notable rise in public expenditure.Providing further details on...
Business
Ghana’s economy to grow by 3.0% in 2023 – Fitch Solutions
Fitch Solutions has upheld its prediction that the Ghanaian economy will grow by 3.0% in 2023, slightly lower than the 3.1% growth recorded in...
Business Headline
Fitch Solutions predicts the Cedi to close 2023 at ¢11.40 per dollar
Fitch Solutions has revised its forecast for the Ghanaian cedi, projecting it to conclude 2023 at ¢11.40 against the US dollar, which is a...
Business
Ghana poised for 1st current account surplus in 20 years
Ghana is poised to achieve its first current account surplus in two decades during 2023, according to predictions from, a UK-based firm, Fitch Solutions.Fitch...
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