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ACCRA, Sept 21 (Reuters) – Sovereign debt default is “a real possibility” for Ghana, and any kind of domestic debt restructuring could severely threaten the local banking sector, a senior director from the ratings agency Fitch said on Wednesday.
The West African country turned to the International Monetary Fund for help in July as its balance-of-payments position deteriorated and hundreds of people took to the streets to protest against economic hardship.
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