Tag: Fitch
Business
Ghana’s external debt exchange agreement to be done before end of 2023 – Fitch
Fitch Solutions has suggested that Ghana is likely to experience positive developments in negotiations with its bilateral debt creditors before the end of the...
Business
BoG foreign reserves to increase to $7.7bn in 2025 – Fitch
Fitch, the ratings agency, has projected an increase in the foreign reserves of the Bank of Ghana (BoG) to reach $7.7 billion by 2025,...
Business
Another round of DDEP unlikely – Fitch
Fitch, the rating agency, has stated that it is unlikely that another round of local-currency debt exchange will occur in the near future.In...
Business
Ghana’s long-term local currency IDR is upgraded by Fitch to CCC
Fitch, the ratings agency, has raised Ghana's long-term local currency Issuer Default Rating (IDR) from Restrictive Default (RD) to CCC.This upgrade comes in...
Business
Fitch projects Ghana’s debt to GDP to fall to 87% by end of the year
Fitch, the rating agency, forecasts that Ghana's public debt will decrease to 87% of Gross Domestic Product (GDP) by the close of 2023, down...
Business
Ghana’s public debt projected by Fitch hit 99% of GDP by end of 2023
International credit rating agency Fitch predicts that Ghana's public debt is on track to reach 99% of its Gross Domestic Product by the end...
Business
Fitch projects Ghana-OCC external debt restructuring deal in December
Fitch, the rating agency, has indicated that the Official Creditor Committee (OCC), comprising the Paris Club and the Ghanaian government, is likely to reach...
News
Fitch projects 3.7% growth for Ghana’s economy in 2024
Ghana's economy is showing signs of recovery, with Fitch Solutions forecasting an acceleration in economic growth to reach 3.7 percent in 2024.According to...
Business
Fitch Solutions projects cedi to appreciate by 1% to dollar next year
Fitch Solutions has revealed that the Ghanaian cedi is anticipated to strengthen by approximately 1.0% against the US dollar in 2024 in its latest...
Business
Fitch rates UBA Ghana with a stable outlook
Fitch Ratings has upheld the Long-Term Issuer Default Rating (IDR) of United Bank for Africa (Ghana) Limited at 'B-' with a Stable Outlook.The bank's...
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