Credit Analysis on Ghana - Fitch Research

Credit Analysis on Ghana

16 pages (27804 words) — Published Feb 11, 2008
Price $425.00  |  Buy this Report Now

About This Report

  
Brief Excerpt:

...Affirmation of Ghana s B+ ratings reflect the facts that Ghana is comfortably ahead of both B and BB medians on international rankings o f governance and political stability, while extensive external debt relief under the Heavily Indebted Poor Countries (HIPC) and Multilateral Debt Relief Initiatives (MDRI) has delivered public finance and external solvency ratios broadly in line with B medians. These factors, coupled with good progress with financial sector, legal, regulatory and institutional reforms, have made Ghana more resilient to shocks and earned it access to international capital markets in October 2007. Still, Ghana remains a low in come country with a relatively short track record of macroeconomic stability unaccustomed to a much less benign global economic environment. Seen in this light, the recent emergence of sizeable fiscal and current account imbalances, coupled with a sharp rise in gross external financing...

  
Report Type:

Full Rating Report

Company(ies)
Issuer
Ghana
Format:
PDF Adobe Acrobat
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MLA:
Fitch Research. "Credit Analysis on Ghana" Feb 11, 2008. Alacra Store. Dec 19, 2014. <http://www.alacrastore.com/fitch-credit-research/Credit-Analysis-on-Ghana-371648_report_frame>
  
APA:
Fitch Research. (). Credit Analysis on Ghana Feb 11, 2008. New York, NY: Alacra Store. Retrieved Dec 19, 2014 from <http://www.alacrastore.com/fitch-credit-research/Credit-Analysis-on-Ghana-371648_report_frame>
  
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