CNBC Africa

Analyst Interviews

Fitch affirms Ghana’s ‘B’ rating, outlook stable

PUBLISHED: Mon Oct 19 2020 | Mon, 19 Oct 2020 13:43:58 GMT

Fitch Ratings has affirmed Ghana’s Long-Term Foreign-Currency Issuer Default Rating at ‘B’ with a stable outlook. According to Fitch, the affirmation reflects its expectation of a gradual recovery in Ghana’s economic performance and fiscal revenues following the COVID-19 shock. Jermaine Leonard, Director and Primary Analyst for Ghana at Fitch Ratings joins CNBC Africa to discuss the metrics behind the ratings.