NDC's Aluta boys release seized Van

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• PRINCE KWASI ADADE (OFIE P33) 9 years ago

  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 o ...
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  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.

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• Efo Mawuli 9 years ago

  Hahahahaha! Noko fio has calmed them down and they will queue again on 7th December and vote massively for the party. After all, as the minister said, "they only want recognition." Hahahaha. O poor Ghanaians. So you can' ...
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  Hahahahaha! Noko fio has calmed them down and they will queue again on 7th December and vote massively for the party. After all, as the minister said, "they only want recognition." Hahahaha. O poor Ghanaians. So you can't think outside the box? Why are you 18 years and above?

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• Afrique Soul 9 years ago

  DO YOU SEE WHAT EVIL LIES CAN SPUN? ISN'T A SHAME YOU ARE REPORTING ON THE EVIL YOU CREATED? SHAME, SHAME, SHAME. BOW DOWN YOUR HEAD IN SHAME.

  DO YOU SEE WHAT EVIL LIES CAN SPUN? ISN'T A SHAME YOU ARE REPORTING ON THE EVIL YOU CREATED? SHAME, SHAME, SHAME. BOW DOWN YOUR HEAD IN SHAME.

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• Kabenbith 9 years ago

  is the IGP and his cohost reading or hearing this? they swore to get rid of vigilante groups. what about this NDC tugs? If it were to be the NPP, they will come out and say all kind of nonsense. when the NDC tug attack ...
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  is the IGP and his cohost reading or hearing this? they swore to get rid of vigilante groups. what about this NDC tugs? If it were to be the NPP, they will come out and say all kind of nonsense. when the NDC tug attack the NPP supporters at Kukuom, we never heard of the police until NDC supporters were attacked at besease before they came out to make shameless utterances.

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