Finance Minister Dr. Cassiel Ato Forson has pledged a full revival of Ghana’s economy following a Fin-tech Ratings upgrade. The country’s credit rating was raised from ‘Restricted Default’ to ‘B-’ with a stable outlook, reflecting renewed investor confidence after Ghana restructured $13.1 billion in Eurobonds.

Dr. Forson said the upgrade marks the beginning of a broader recovery, aiming to attract investment, lower borrowing costs, and restore economic stability. Fitch forecasts Ghana’s debt-to-GDP to drop from 72% in 2024 to 60% by 2026, with growth projected at 4–4.5% over the next two years.

Inflation is expected to decline to 10% by 2026, driven by currency gains and lower global prices. The progress comes amid Ghana’s ongoing $3 billion IMF-backed recovery programme ending in 2026.

Please leave this field empty

Don’t miss the next post—join our mailing list for free!

We don’t spam! Read our privacy policy for more info.

You’re in! Thanks for joining the NSG News family. Our next post is coming soon—keep an eye out.