Tag: s&p ratings agency
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Recent downgrades by S&P, Fitch ratings on Ghana unfair – African Peer Review Mechanism
The African Peer Review Mechanism (APRM) has condemned the recent downgrade of Ghana’s economy by ratings agency S&P and Fitch, saying, the unjustified negative rating actions in Africa since the beginning of 2022 is unwarranted and contrasting the continent’s economic recovery efforts from the devastating impact of the Covid-19 pandemic. According to the APRM, this…