Ghana news briefing
Moody’s upgrades Ghana’s credit ratings to B3, but changes outlook to stable
Decision to Revise Positive to Stable On the decision to revise Ghana’s outlook to stable, Moody’s said this is based on the expectation that Ghana’s macroeconomic stability and reduced government liquidity risks will be sustained, supported by favourable export dynamics.
On the upside, Moody’s said a lengthening track record of fiscal discipline and ongoing progress in building external buffers could enhance Ghana’s resilience to future terms-of-trade shocks.
Ghana’s Ratings Review In April 2026, Moody’s maintained Ghana’s credit ratings at Caa1, but changed outlook to positive.
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