Fiscal Performance: Final Lap Into FY2021 Budget [Slide presentation]

Ghana has on several occasions warnings and alerts from rating agencies and major multilateral institutions such as the World Bank, IMF, and Fitch Ratings over its stagnant revenues and rising debt vulnerabilities. Fitch Ratings for instance, in June, reviewed downwards Ghana’s Long-Term IDR from ‘B’ to ‘B-‘ indicating an increase in the country’s default risk in repayment of its debts.

Find below our assessment of the midyear and the medium term fiscal framework of Government of Ghana’s fiscal operations.