September 20, 2024
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MOODY’S SIGNALS UPGRADE FOR GHANA’S CREDIT RATING AFTER EUROBOND EXCHANGE

Moody’s plans to upgrade Ghana’s credit rating following the recent Eurobond exchange. Currently, Ghana’s ratings are Caa3 for local currency and Ca for foreign currency, reflecting ongoing debt restructuring under the G20 framework initiated in December 2022. Local currency debt restructuring, excluding Treasury Bills, was completed in 2023. Significant progress has been made on foreign

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