DeniAfrica

via GhanaWeb:

Standard and Poors’ outlook adjudges the country’s sovereign credit outlook to be stable. This is based on an expectation of continued prudent economic policies that foster stability and growth.
The report indicates that the rating could improve if progress is made on structural reform particularly privatization and broadening of the narrow base of the economy.
According to standard and poor, a reduction in the current account deficit and evidence that the financial of deficits is not undermining debt sustainability would also augur well for the ratings.
According to a business week report, “Conversely, any indication that the greater fiscal flexibility afforded by debt forgiveness is being misdirected or that Ghana is embarking on policies that endanger relations with donors would undermine ratings prospects”.