09-05-2025
Ghana's Credit Rating Raised by S&P After Spending Cut Plans
Ghana's credit rating was raised by S&P Global Ratings after the new administration unveiled plans to rein in spending as the West African nation recovers from a painful debt restructuring.
The credit assessor upgraded the long-term foreign-debt rating of Africa's top gold producer to CCC from SD, or selective default. The outlook was set at stable.
