Weak institutional arrangements, high debt servicing constrain Ghana’s rating – S&P

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Ratings agency, S&P Global has stated that Ghana’s institutional arrangements are weak, but improving. According to the US-based firm, the cost of servicing government debt remains elevated, saying, the weak institutional arrangements and the high servicing debt constrain Ghana’s ratings. In its rating article on Ghana, it warned that the Ghanaian economy is reliant on […]