This factsheet on Ghana and credit rating agencies looks at the downgrade of the country’s sovereign ratings and the impact on the economy and debt situation.
In February 2022 Moody’s downgraded Ghana’s rating, citing challenges related to liquidity, high risk of debt default and weak revenue generation, despite the country’s arguments emphasizing its strong economic fundamentals. Ghana expressed reservations about Moody’s rating assessment based on the agency’s technical inaccuracies and omissions of important information, thus reigniting the debate about the credibility of credit rating agencies while raising questions about the robustness of their methodologies and biased opinions, especially towards African countries. Read the factsheet in
More information on this topic is available in the panel discussion on Credit rating agencies, fiscal space and fragility in Africa and the policy paper on Eurobonds, debt sustainability in Africa and credit rating agencies./p>
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Secretary-General's Reports
- New Partnership for Africa’s Development: Consolidated progress report on implementation and international support
- Promotion of durable peace and sustainable development in Africa
- Biennial report on the review of the implementation of commitments made towards Africa’s development
- United Nations system support to Agenda 2063: The Africa we want
Other Reports and Publications
- Annual Reports of the 蘑菇视频 Interdepartmental Task Force on African Affairs
- Africa's Fiscal Space, Fragility and Conflict: A Compendium of Papers Presented at the 2022 OSAA-ACBF Academic Conference