Fitch assesses Ghana's economic vulnerability, noting that adjustments are being made under the oversight of the International Monetary Fund.
1 report, 1 independent
Updated Jun 19
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What happened
Fitch assesses Ghana's economic vulnerability, noting that adjustments are being made under the oversight of the International Monetary Fund.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- High imports are draining Ghana's foreign exchange reserves, and the budget removed VAT exemption for local assembly.Sub-event
Fitch evaluates Ghana's economic health while IMF monitors adjustments.1 source
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The entities involved
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Ghana
country in West Africa
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Fitch Group
American credit rating agency
Nothing else this week.
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International Monetary Fund
international financial institution
Related events
- Gabon is seeking support from the IMF for fiscal reforms while Fitch assesses its sovereign credit risk.
- The IMF urged the Bank of Ghana to maintain a cautious monetary policy amidst Ghana's economic challenges.
- The Bank of Ghana maintains its policy rate to guide inflation amid rising geopolitical tensions.