An internationally recognised research and deep analysis firm called Fitch has scored Ghana's John Agyekum Kufuor as the best performing president in terms of Ghana's economy. According to their ratings, John Agyekum Kufuor scored no negatives as compared to NDC's John Dramani Mahama and the late John Evans Ata Mills.
Truth be told, Alan Kyeremanten has set the industry sector on fire ever since he assumed that position in 2017. He has set an unprecedented achievement in relation to the nominal and real contribution of the industry sector to Ghana's Gross Domestic Product. Today, news reaching us confirms this assertion that Alan Kyeremanten is the best Trade Minister Ghana has had.
Reactions As Evan Mensah Storms Joy News Studios With Kenkey, Fish And Bread For An Economic Analysis
The host of PM Express, Evans Mensah did an intelligent analysis of Ghana's "junk" credit downgrades and what it means for the normal Ghanaians on the street, using bread and kenkey. He explained that the ratings from Fitch and Moodys will have a direct impact on the country's reserve which will consequently have an effect on the foreign exchange.
After the conclusion of the first four-year term of the Akufo-Addo/ Bawumia administration, the comparison between the New Patriotic Party (NPP) and the National Democratic Congress (NDC) as to who are the best managers of the Economy became more significant, and the NPP wining the 2024 general election gives a clearer scorecard for contrasting the performance of these two major political parties.
A US based credit rating agency by name Fitch has rated the performance of the president of Ghana and his economy as "B-" in 2022. Fitch bases the ratings on factors such as what kind of debt a company holds and how sensitive it is to systemic changes like interest rates.
Broadcast Journalist and host of the "Point of View" on Citi television, Bernard Koku Avle has offered five (5) pieces of advice that in his opinion, would help bring the economy back on track. According to recent ratings by Moody's and Fitch, Ghana's economic outlook does not appear to be in a good position at the moment some drastic economic measures ought to be employed to return the economy to normalcy.
The Member of Parliament for North Tongu, Samuel Okudzeto Ablakwa has stated the Akufo-Addo government is only pushing for the E-levy as a result of its inability to go to the international market for loan. Speaking on ‘Good Morning Ghana’ on March 18, he said downgrade by rating agencies Fitch and Moody’s has exposed Ghana's credit worthiness.
Reports of Ghana slapped by a UK court to pay 170 million dollars in another controversial judgement debt, is the burning desire everyone is hooked, shocked and short of words to say such, a history breaking judgment debt is coming on the watch of President Nana Akuffo Addo, and comes a time when Fitch revises Ghana's Outlook to negative; affirms at B.
An economist at the University of Ghana (UG) Economics Department has urged the government to eat humble pie and accept the World Bank's economic findings. Dr. Lord Mensah stated that the country was in an economic crisis prior to the arrival of the COVID-19 pandemic, and that even in that dire situation, the government was handing out freebies.
The Government of Ghana has been warned by Mr. Alfred Ocansey; a Financial Analyst, not to over-look the recent issues raised by Bloomberg and Fitch, regarding the Ghanaian economy. Speaking on Sunrise show on 3FM Tuesday, January 18, Mr Jackson advised the government, saying “The Finance Ministry is the Finance Ministry, they have to do what they want to do; but things are tough.
Finance Pastor, Ken Ofori-Atta, has cautioned of desperate financial ramifications for the nation in the event that the Electronic Exchange Toll otherwise known as E-Duty charge neglects to pass. Talking in Koforidua at an administration municipal event to persuade the general population to help the duty strategy, he focused on that monetary increases made by government as of late will slow down in the event that Ghanaians don't uphold the drive.
As at now, the country is in a state of confusion. The start to this year has not been the best. To be honest, this has been one of the worst starts to a year. Fitch has downgraded Ghana from a B to B-. According to the Auditor General's report, the country has lost GHC 52.5 billion of taxes whiles GHC 12 billion has been lost to corruption.
Fitch Rating, an international has revealed the performances of the Ghanaian economy right from Former President John Agyekum Kuffour to the current government led by His Excellency Nana Addo Dankwa Akufo-Addo respectively. Fitch Ratings is an international credit rating agency based out of New York City and London, that satisfies in-depth analysis into economies and companies generating their total performances.
Seth Terkper says it will be a difficult task making sure about assets for President Nana Addo Dankwa Akufo-Addo's guaranteed 88 locale emergency clinics and 6 provincial medical clinics. Mr. Terkper highlighted temporary and genuine financial information for the year 2019 which recommended that administration utilized 98.2% of expense incomes for compensation, legal installments, reserved assets and installment of interests on credits. He called attention to that the 2020 financial projections don't ve
The Government of Ghana would borrow ¢22.7bn within next 3 months, this is according to the Finance Ministry of Ghana. Ghana's total debt stock currently stands at ¢255bn which would increase by some ¢3bn by end of December 2020. Many Ghanaians have expressed worry about the level of debt the country is accumulating. The worrying debt levels has also courted international attention with rating agencies such Fitch warning the Ghanaian government to reduce it debt appetite or risk a negative rating. Furthermore,