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Emerging-market sovereigns including Ghana's mid-year outlook neutral

Fitch

Fitch Ratings has maintained its 2024 sector outlook at ‘neutral’ for all the main emerging-market regions, except for the Middle East and North Africa, which remained at ‘deteriorating’.

According to Fitch, the neutral outlooks reflect moderately weaker economic growth and persistent strains on public finances balanced against lower inflation and some easing financial conditions.

Fitch said further setbacks to the disinflation path in the US could have adverse implications for the global financing environment and so remains a risk.

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