Fitch pooh-poohs Ghana’s 2014 budget

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donkomi 12 years ago

Fitch or whatever they call themselves should give us a break... they should take care of the European economy which is not growing more than 1%....All these puritans do not wish well for Africa.. they always want us to rema ...
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Fitch or whatever they call themselves should give us a break... they should take care of the European economy which is not growing more than 1%....All these puritans do not wish well for Africa.. they always want us to remain where we are and always control us.... We need to bring out our own means of developmental concepts and economic modalities to grow on our own... The African Development Model should enhanced....
Ben 12 years ago

I pity the way you process information. If we remain on this course we will be heading for pre-AFRC era.

I pity the way you process information. If we remain on this course we will be heading for pre-AFRC era.
mike 12 years ago

My friend you cannot leave these people alone. They talk and even the Americans get nervous how much more our Ghana. Do not talk as if you are not part of the world.

My friend you cannot leave these people alone. They talk and even the Americans get nervous how much more our Ghana. Do not talk as if you are not part of the world.
HABLUTA SENYO 12 years ago

FORGET ABOUT THOSE FOOLISH NAZI INTERNATIONAL WORD RATING TAKE ANOTHER DIRECTION TO PROSPERITY.THE BULLSHIT
INTERNATIONAL WORLD INTENTION IS TO UNDER DEVELOP AFRICA FOR EVER.
WE NEED TO FOLLOW ASIANS.

FORGET ABOUT THOSE FOOLISH NAZI INTERNATIONAL WORD RATING TAKE ANOTHER DIRECTION TO PROSPERITY.THE BULLSHIT
INTERNATIONAL WORLD INTENTION IS TO UNDER DEVELOP AFRICA FOR EVER.
WE NEED TO FOLLOW ASIANS.
Ben 12 years ago

What you need is fiscal responsibility and not selling your freedom to more debts. If every nation comes out with a 9% budget deficit, how will they develop?

What you need is fiscal responsibility and not selling your freedom to more debts. If every nation comes out with a 9% budget deficit, how will they develop?
abraham 12 years ago

do you know that one of the major contributory factors to the huge deficit is coming from debt servicing? Please let's admit dat our country is not on de right track

do you know that one of the major contributory factors to the huge deficit is coming from debt servicing? Please let's admit dat our country is not on de right track
abraham 12 years ago

Those of who think the ratings of these agencies should not be taken serious should come again. Remember we are not living in an island, our creditor believe them & dat is what should matter to us.

Those of who think the ratings of these agencies should not be taken serious should come again. Remember we are not living in an island, our creditor believe them & dat is what should matter to us.
Joe 12 years ago

It's about time these agencies were told to leave us alone to get on with our lives. What do they know?

It's about time these agencies were told to leave us alone to get on with our lives. What do they know?
kwasi 12 years ago

THIS IS THE SAME FITCH THAT RATED U.S MORTGAGE BACKED SECURITY TRIPPLE A
AND THEY TURN OUT TO BE TOXIC LOANS THAT CONTREBUTE TO EUROPIAN BANKS
AND PENSION PLANS TO GO UP IN FLAMES
AND BEACUME WORTHLESS PAPER. GHANA CANT ...
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THIS IS THE SAME FITCH THAT RATED U.S MORTGAGE BACKED SECURITY TRIPPLE A
AND THEY TURN OUT TO BE TOXIC LOANS THAT CONTREBUTE TO EUROPIAN BANKS
AND PENSION PLANS TO GO UP IN FLAMES
AND BEACUME WORTHLESS PAPER. GHANA CANT TRUST ANY AMERICAN CREDIT RATINGS
Ben 12 years ago

Our national debt stands at 52% of GDP and we are not talking about it and rather blaming Fitch?

Our national debt stands at 52% of GDP and we are not talking about it and rather blaming Fitch?

Concerned 12 years ago

Here again we see how Mahama, Terkper, and all the other gov't stars are making Ghana a joke - we never meet our budget projections, and now even the credit worthiness body is saying they don't believe your lies anymore.

...
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Here again we see how Mahama, Terkper, and all the other gov't stars are making Ghana a joke - we never meet our budget projections, and now even the credit worthiness body is saying they don't believe your lies anymore.

When lenders and international agencies begin to doubt what your gov't says, that's when you know you're in trouble
kojo 12 years ago

idiot

idiot
Boxer 12 years ago

These Bretton Wood apologetics, you name them, Fitch, Standard & Poors and their koominini when in history have they credited China with any good rating or report? They are used as propaganda machinery by their people for a ...
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These Bretton Wood apologetics, you name them, Fitch, Standard & Poors and their koominini when in history have they credited China with any good rating or report? They are used as propaganda machinery by their people for a concerted parochial interest. Today, the West and US are all clandestinely competing with we the mmobrowa countries for Chinese loan and support. Shame!!!!!
Kwaame 12 years ago

Just sit there and see your borrowing cost skyrocket. Those foolish leaders must put our house in order or quit.

Just sit there and see your borrowing cost skyrocket. Those foolish leaders must put our house in order or quit.
JAMES Y 12 years ago

Fitch Rating Agency wants Ghana government to cut expenditure to zero, never mind its effect on the populace, before upping Ghana present rating from 'B' to, perhaps, 'B'+. For Fitch, this will bring investors to the country ...
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Fitch Rating Agency wants Ghana government to cut expenditure to zero, never mind its effect on the populace, before upping Ghana present rating from 'B' to, perhaps, 'B'+. For Fitch, this will bring investors to the country to take advantage of the fertile economic environment to invest in it. Fitch Rating Agency is known to be suspect in its rating of African countries which try to prime their economy with the people and the country's development at heart.
Whatever 12 years ago

Does Fitch know that there is inequality Ghana and that it is the duty of Government to tackle it by spending more on the haves-not

Does Fitch know that there is inequality Ghana and that it is the duty of Government to tackle it by spending more on the haves-not
kwasi 12 years ago

THAT GAVE AAA RATING TO USA MORTGAGES THAT WERE TOXIC AND FRADULENT AND MESS UP THE ALL WORLD IN THE PROCESS. FITCH IS NO AUTHORITY
DONT MIND THEM THEY RATE GHANA ;AW WHILE RATING THE U.K FRADULENT RATE MANIPULATION BY BIG ...
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THAT GAVE AAA RATING TO USA MORTGAGES THAT WERE TOXIC AND FRADULENT AND MESS UP THE ALL WORLD IN THE PROCESS. FITCH IS NO AUTHORITY
DONT MIND THEM THEY RATE GHANA ;AW WHILE RATING THE U.K FRADULENT RATE MANIPULATION BY BIG LEADING U.K AS A NO ONE SHULD BUY THIS CRAP

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Fitch pooh-poohs Ghana’s 2014 budget

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