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Tuesday, October 4, 2022

Ghana Has Been Classified Among 10 Countries Globally By CFR Sovereign Risk

Ghana has been classified among 10 countries globally by CFR Sovereign Risk Tracker that are at risk of debt distress.

The country was scored a mark of 10, meaning it has a 50% or higher chance of defaulting in the next five years.

This is coming after the nation’s debt reached an alarming level of ¢391 billion as of quarter one, 2022, approximately 78% of Gross Domestic Product (GDP).

Ghana will be in hot economic hot waters after this hot information hits social media making Ghana a spot for worry.

Though the New Patriotic Party has done their but in scoring a better position and erasing a bad canker in this economic crisis yet it’s pointing to the same spot.

Do you think Ghana has what it takes under the leadership of Nana Addo to change things?

Kindly do well to share, like and follow me informative and insightful news in the country and beyond.

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