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Ghana Targets Investment-Grade Credit Rating to Boost Local Business Financing: Finance Minister

Ghana Targets Investment-Grade Credit Rating to Boost Local Business Financing: Finance Minister

Sputnik Africa

Ghana Targets Investment-Grade Credit Rating to Boost Local Business Financing: Finance MinisterThe country aims to achieve top credit rating through its New... 08.11.2026, Sputnik Africa

2026-11-08T14:34+0100

2026-11-08T14:34+0100

2026-11-08T14:44+0100

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Ghana Targets Investment-Grade Credit Rating to Boost Local Business Financing: Finance MinisterThe country aims to achieve top credit rating through its New Economy program to unlock long-term funding for local businesses following the 2022 debt default, Ghanaian Minister of Finance Cassiel Ato Forson said at a New Economy engagement in Accra.A higher rating would reduce the cost of government borrowing and make long-term loans more affordable for Ghanaian companies, supported by a stronger corporate bond market, he noted.However, reaching this financial milestone will require sustained economic stability, predictable policies, and a continued commitment to national reforms, the minister added.Subscribe to @sputnik_africa Sputnik Africa | X

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