Story perspectives
Ghana's Economy Rebounds: Fitch Upgrades Rating, Inflation Drops
6/20/2025
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Story summary
- Ghana's economy is recovering, led by Finance Minister Dr. Cassiel Ato Forson.
- Fitch upgraded Ghana's rating following a successful $13.1 billion Eurobond restructuring.
- Inflation decreased to 18.4%, with forecasts of 15% in 2025 and 10% in 2026.
- Public debt-to-GDP ratio is projected to fall to 60% by 2025, indicating fiscal improvement.
- The upgrade aims to attract international investors and bolster domestic capital markets.
