Fitch: Ghana IMF deal is not a foregone conclusion

An IMF programme that supports fiscal consolidation and addresses macroeconomic imbalances in Ghana could stabilize the outlook on the country’s ‘B’/Negative sovereign rating, Fitch Ratings says. However, an IMF programme is not a foregone conclusion, nor is its effective implementation. A lasting reduction in exchange rate and funding pressures is unlikely until a programme is ... Read Full Story