(EnergyAsia, September 7 2010, Tuesday) — Citing a lack of clarity in the country’s oil sector regulation and management of oil revenues among other factors, Standard & Poor’s Ratings Services has lowered its credit ratings for Ghana. The US agency also cited concerns with Ghana’s large fiscal deficit, high debt levels, and unclear policies…
GHANA: S&P downgrades credit ratings partly on unclear oil regulations and policies
Posted on September 6, 2010 by EnergyAsia