{
  "id": 18738174,
  "title": "New Economy to push Ghana towards investment grade – Dr. Ato Forson",
  "url": "https://urgent.news/2026/11/07/new-economy-to-push-ghana-towards-investment-grade-dr-ato-forson-18738174",
  "topic": "world",
  "section": "World",
  "published": "2026-11-07T15:15:54.000Z",
  "source": {
    "name": "Adom Online",
    "slug": "adom-online",
    "url": "https://www.adomonline.com/new-economy-to-push-ghana-towards-investment-grade-dr-ato-forson/"
  },
  "original_language": "en",
  "account": "Ghana's New Economy program aims to elevate the country to an investment-grade credit rating, thereby reducing borrowing costs and facilitating long-term financing for businesses, according to Finance Minister Dr. Cassiel Ato Forson. At a recent engagement in Accra, Dr. Forson highlighted the stagnation of Ghana's domestic bond market in 2022, which stemmed from local banks losing access to credit lines following the country's debt default and the Domestic Debt Exchange Programme. However, he noted that this situation has since been rectified, and Ghana is now rated B. The ultimate objective is to attain an investment-grade rating, which would signify a lower risk of default in the eyes of rating agencies. Such a rating could make Ghana's government bonds more appealing to a broader range of institutional investors, potentially leading to lower borrowing rates for the country. The advantages could also permeate to Ghanaian businesses. A higher sovereign rating might enhance financing conditions for companies, thereby deepening the domestic corporate bond market. This development would enable businesses to raise more long-term funds from investors for equipment purchases, production expansion, and new project financing. Dr. Forson emphasized that achieving investment-grade status requires maintaining economic stability and predictability, while demonstrating the presence of policies to sustain these gains.",
  "summary": "Ghana will use its New Economy programme to push for an investment-grade credit rating. This is to lower the country’s borrowing costs and help Ghanaian businesses raise long-term financing, Finance Minister Dr. Cassiel Ato Forson has said. Speaking at a New Economy engagement in Accra, Dr. Forson said Ghana’s domestic bond market had largely ground […]",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Joy Business",
        "title": "New Economy to push Ghana towards investment grade – Dr. Ato Forson",
        "url": "https://urgent.news/2026/11/07/new-economy-to-push-ghana-towards-investment-grade-dr-ato-forson",
        "published": "2026-11-07T14:38:57.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}