{"id":193275,"date":"2025-10-11T17:50:09","date_gmt":"2025-10-11T17:50:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/uk\/193275\/"},"modified":"2025-10-11T17:50:09","modified_gmt":"2025-10-11T17:50:09","slug":"moodys-boosts-ghanas-credit-rating","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/uk\/193275\/","title":{"rendered":"Moody&#8217;s boosts Ghana&#8217;s credit rating"},"content":{"rendered":"<p class=\"article-image\"><a href=\"https:\/\/www.ghanaweb.com\/GhanaHomePage\/business\/Moody-s-boosts-Ghana-s-credit-rating-2004661?gallery=1\" rel=\"nofollow noopener\" target=\"_blank\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/uk\/wp-content\/uploads\/2025\/10\/73013990.295.jpg\" alt=\"Credit rating agency, Moody's\" title=\"Credit rating agency, Moody's\" width=\"295\" height=\"196\" \/> <\/a>Credit rating agency, Moody&#8217;s<\/p>\n<p id=\"article-123\">International ratings agency Moody\u2019s has upgraded Ghana\u2019s long-term foreign currency credit rating from Caa2 to Caa1, <\/p>\n<p>The agency attributed the development to stronger prospects for debt reduction and macroeconomic stability under the country\u2019s ongoing IMF-supported reform program.<\/p>\n<p>Moody&#8217;s also revised Ghana\u2019s outlook to stable from positive, reflecting growing confidence in the country\u2019s fiscal trajectory.<\/p>\n<p><a href=\"https:\/\/www.ghanaweb.com\/GhanaHomePage\/business\/IMF-reaches-staff-level-agreement-with-Ghana-on-fifth-ECF-review-2004516\" target=\"_blank\" rel=\"nofollow noopener\">IMF reaches staff-level agreement with Ghana on fifth ECF review<\/a><\/p>\n<p>In a statement issued on Friday, October 10, 2025, Moody\u2019s said the upgrade reflects continued fiscal consolidation, progress in debt restructuring, and improved foreign reserve buffers, which have strengthened Ghana\u2019s capacity to meet external obligations.<\/p>\n<p>\u201cGreater macroeconomic stability and favorable external dynamics are supporting more controlled funding costs and foreign exchange reserve replenishment,\u201d the agency noted.<\/p>\n<p>According to Moody\u2019s, Ghana\u2019s debt metrics are now on a clearer path toward sustainability, supported by prudent budget management and reforms under the IMF Extended Credit Facility (ECF).<\/p>\n<p>Meanwhile, Ghana\u2019s economy continues to show signs of solid recovery in 2025, with single-digit inflation, a firmer cedi, and renewed investor confidence. Additionally, the government continues to post primary surpluses and tighten expenditure controls in line with the Fiscal Responsibility Framework.<\/p>\n<p>The latest upgrade by Moody\u2019s is expected to lower borrowing costs, boost market sentiment, and improve access to international capital markets, which are key steps toward sustaining growth and completing ongoing debt restructuring efforts with private creditors.<\/p>\n<p>MA<\/p>\n","protected":false},"excerpt":{"rendered":"Credit rating agency, Moody&#8217;s International ratings agency Moody\u2019s has upgraded Ghana\u2019s long-term foreign currency credit rating from Caa2&hellip;\n","protected":false},"author":2,"featured_media":193276,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[84,1294,56,54,55],"class_list":{"0":"post-193275","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-business","9":"tag-economy","10":"tag-uk","11":"tag-united-kingdom","12":"tag-unitedkingdom"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/193275","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=193275"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/193275\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/193276"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=193275"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=193275"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=193275"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}