DR BAWUMIA: _____-----International rating agency Moody’s has not upgraded Ghana’s sovereign credit rating contrary to assertions by the Mahama administration to that effect, the vice-presidential nominee of the main oppo ... read full comment
DR BAWUMIA: _____-----International rating agency Moody’s has not upgraded Ghana’s sovereign credit rating contrary to assertions by the Mahama administration to that effect, the vice-presidential nominee of the main opposition New Patriotic Party (NPP), Dr Mahamudu Bawumia, has said. Speaking at the launch of the NPP’s 2016 manifesto at the International Trade Fair Centre in Accra on Sunday, 9 October, Dr Bawumia said Ghana’s sovereign credit rating got downgraded to (B-) under President Mahama despite having oil revenue at its disposal, from (B ) positive (without oil under the NPP). Moody's Investors Service recently affirmed the Government of Ghana's issuer and senior unsecured rating at B3 and changed the outlook to stable from negative. Dr Bawumia, however, noted that nothing had changed except the revised outlook. He said, in fact, international rating agencies like Moody’s, Fitch and Standard & Poor’s now have basically the same credit rating for Ghana. “The recent revision of Ghana’s outlook from B- negative to B- stable; that is the equivalent of B3” with the revision of the outlook from negative to stable, “has resulted in a misinterpretation by this NDC government and President Mahama that Ghana’s credit rating has been upgraded.” “This is in fact not the case. Moody’s did not upgrade Ghana. Ghana’s rating under Moody’s is still B-. It is only the outlook that has been revised and that is not equivalent to a change in rating or a rating upgrade. “Sometimes one wonders whether they don’t read or they don’t understand. So, let me give Mr President a free piece of advice: ‘Mr President, please desist from embarrassing yourself by stating that Moody’s has upgraded Ghana.’ Your economic management team should explain that difference to you. “The Mo Ibrahim 2016 report on governance shows that on virtually all key development indicators such as safety, rule of law, human rights, economic opportunities, infrastructure, business environment, human development, health and public management, Ghana is worse off today than it was 10 years ago,” Dr Bawumia said.
PRINCEWILLY@YMAIL.COM 7 years ago
Physics Teacher: “Isaac Newton was sitting under a tree when an apple fell on his head and he discovered gravity. Isn’t that wonderful?”
Student: “Yes sir, if he had been sitting in class looking at books like us, ... read full comment
Physics Teacher: “Isaac Newton was sitting under a tree when an apple fell on his head and he discovered gravity. Isn’t that wonderful?”
Student: “Yes sir, if he had been sitting in class looking at books like us, he wouldn’t have discovered anything.”
JOHN MAHAMA THE THIEF MAN 7 years ago
NDC THIEVES/NDC LIARS/NDC KILLERS
NDC THIEVES/NDC LIARS/NDC KILLERS
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Yaa Nyamekye. 7 years ago
Someone should investigate why? The vacancy will be given to the rich parents' children. The poor can't pay the bribe. God Ghana has gone back to before 1979 when rich people were only getting admission for their children. J ... read full comment
Someone should investigate why? The vacancy will be given to the rich parents' children. The poor can't pay the bribe. God Ghana has gone back to before 1979 when rich people were only getting admission for their children. J J Rawlings thank you. If it hadn't been you who came to help us the rich would have sold this country as it is happening now. Democracy is a curse to Ghana!
TAA 7 years ago
MR VICE CHANCELLER YOU HAVE TO BE CREATIVE AND THINK OF WAYS OF DEVELOPING YOUR INFRASTRUCTURE FROM THE CASH YOU HAVE BEEN TAKING FROM FOREIGN STUDENT. YOU INSULT GOVERNMENTS BUT YOU LACK CREATIVE IDEAS, IF YOU CANNOT DO THE ... read full comment
MR VICE CHANCELLER YOU HAVE TO BE CREATIVE AND THINK OF WAYS OF DEVELOPING YOUR INFRASTRUCTURE FROM THE CASH YOU HAVE BEEN TAKING FROM FOREIGN STUDENT. YOU INSULT GOVERNMENTS BUT YOU LACK CREATIVE IDEAS, IF YOU CANNOT DO THE WORK MOVE ON. PROF KWESI ANDAM DID IT FOR TECH WHAT NO OTHER VC HAS BEEN ABLE TO DO. YOU SHOULD BOW DOWN YOUR HEAD IN SHAME
Asonaba 7 years ago
Yes we need quality education not Education without Knowledge.
Yes we need quality education not Education without Knowledge.
kofi adu 7 years ago
this not new.you can't take more than you can.let them go to other which are as good.better than those times where there was no alternative.
this not new.you can't take more than you can.let them go to other which are as good.better than those times where there was no alternative.
DR BAWUMIA: _____-----International rating agency Moody’s has not upgraded Ghana’s sovereign credit rating contrary to assertions by the Mahama administration to that effect, the vice-presidential nominee of the main oppo ...
read full comment
Physics Teacher: “Isaac Newton was sitting under a tree when an apple fell on his head and he discovered gravity. Isn’t that wonderful?”
Student: “Yes sir, if he had been sitting in class looking at books like us, ...
read full comment
NDC THIEVES/NDC LIARS/NDC KILLERS
INCREASE YOUR LIBIDO WHILES ENHANCING YOUR SEXUAL PERFORMANCE WITH MORE ENERGY AND STAMINA. USE VITAL 5 WITH MULTI MACA ( save your marriage )
. Multi-Maca + VITAL 5 have a special property which enhances energy and stamina. ...
read full comment
Someone should investigate why? The vacancy will be given to the rich parents' children. The poor can't pay the bribe. God Ghana has gone back to before 1979 when rich people were only getting admission for their children. J ...
read full comment
MR VICE CHANCELLER YOU HAVE TO BE CREATIVE AND THINK OF WAYS OF DEVELOPING YOUR INFRASTRUCTURE FROM THE CASH YOU HAVE BEEN TAKING FROM FOREIGN STUDENT. YOU INSULT GOVERNMENTS BUT YOU LACK CREATIVE IDEAS, IF YOU CANNOT DO THE ...
read full comment
Yes we need quality education not Education without Knowledge.
this not new.you can't take more than you can.let them go to other which are as good.better than those times where there was no alternative.