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Forum => Kenya Discussion => Topic started by: KenyanPlato on August 13, 2024, 10:30:05 AM

Title: Road to default simplified
Post by: KenyanPlato on August 13, 2024, 10:30:05 AM

Timeline of key events before Ghana defaulted on their debts leading to serious pain and inflation

Interestingly it begins with Moody and Fitch ratings.

10 months to defaulting , Moody's downgraded Ghana  from B3 to Caa1, saying Ghana had a "very high credit risk", this was…

— Cyprian, Is Nyakundi (@C_NyaKundiH) August 12, 2024

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