Moody’s(US:MCO) Shang Wu Bu Wang Zhan·2025-10-16 15:54Core Insights - Moody's upgraded Ghana's sovereign credit rating from Caa2 to Caa1, citing improved debt reduction prospects and changing the outlook from positive to stable [1] Economic Stability - Ghana's macroeconomic stability has strengthened, supported by external factors that help control financing costs and replenish foreign exchange reserves [1] Public Debt - Ghana's public debt decreased from 7,640 billion cedis (64.9% of GDP) last year to 6,290 billion cedis (approximately 516 million USD) by the end of July, now representing 44.9% of GDP [1] International Reserves - Ghana's international reserves increased by 43% by the end of August, reaching 10.7 billion USD, bolstering its ability to meet external payment obligations [1]