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My leadership caused Ghana's high ranking - Mahama
International credit rating agency Moody’s has defined Ghana’s economy as stable, affirming it three with a B1 rating.
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He was speaking at the Kotoka International Airport when he returned to Accra from the United Nations and UNESCO.
READ ALSO: Ghana's economy
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READ ALSO: Terkper hails Moody’s rating
Since 2015, Moody’s has rated the Ghanaian economy at B3/ negative.
The latest decision to rate the economy stable, Moody’s said in a statement, was informed by three key drivers.
The first is the country’s debt reduction and reforms. The second is a reduction in government liquidity risk and the third is improved the balance of payment dynamics and development in the country’s oil and gas sector.
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