FitchRatings has upgraded Ghana's Long-Term Foreign-Currency Issuer Default Rating (IDR) to 'B-' from 'Restricted Default' (RD).
The Outlook is Stable.
A full list of rating actions is at the end of this rating action commentary.
Key Rating Drivers Relations with Commercial Creditors Normalised: The upgrade of Ghana's Long-Term Foreign-Currency IDR to 'B-' from 'RD' reflects Fitch's assessment that Ghana has normalised relations with a significant majority of external commercial creditors.
