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Economy shows notable resilience despite global headwinds: RBI bulletin

The economy has demonstrated notable resilience to the ongoing global headwinds, characterised by buoyant domestic demand and rising manufacturing and services activity, Reserve Bank bulletin said

Economy shows notable resilience despite global headwinds: RBI bulletin

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Ghana’s debt distress rating upgraded to moderate risk- IMF rep states

Ghana’s debt distress rating has been upgraded from high risk to moderate risk, marking the first such improvement in 13 years, according to the International Monetary Fund (IMF).

  • IMF upgrades Ghana's debt distress rating to moderate risk after 13 years.
  • Debt sustainability indicators now below required thresholds.
  • Private sector credit up 40% year-on-year, supporting economic growth.

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