PM Express host, Evans Mensah, and his panellists on Tuesday evening discussed the several downgrades that have hit Ghana’s credit rating from a B with a negative outlook from Fitch to a C with a stable outlook from Moody’s.
The show focused on the everyday 'kenkey' and fish analysis of the development as government is challenging the downgrades, referring to them as injurious to the economy of Ghana.
In an official statement, government explained that the forecast and projections had an inaccurate balance of payments statistics, lack of supporting quantitative analysis, or data on Environmental, Social, and governance credentials.
It also complained about the “omission” of key material information such as the 2022 Budget expenditure control measures – 2022 upfront fiscal adjustments.
However, what are the implications of these downgrades on the common folk?
Watch the show
Latest Stories
-
I was so proud when Afronita and Abigail danced to ‘Antenna’ at Britain’s Got Talent – Fuse ODG
7 mins -
Martin Amidu can’t judge Kissi Agyebeng by his ‘low standards’ – Suhuyini
16 mins -
GOC President denies not fulfilling promise to Deborah Acquah after 2022 Commonwealth Games
21 mins -
Foden named English Premier League Player of the Season
27 mins -
Amidu’s petition against Special Prosecutor not strong enough to justify an impeachment – Amanda Clinton
39 mins -
Ghanaians can’t continue to suffer for your recklessness – Minority Leader to government
47 mins -
Project worth $134m launched to eliminate mercury in medical devices
57 mins -
Fix depreciating Cedi urgently instead of securing new loans – Ato Forson to government
1 hour -
EC should take immediate steps to expand voter registration access – New Force
1 hour -
Women’s Premier League and FA Cup finals set for June 8 at University of Ghana Stadium
2 hours -
Parliament approves $150m loan to tackle Accra floods under GARID project
2 hours -
Banks deny engaging in practices contributing to cedi’s depreciation
2 hours -
Allow legal processes to take place in Kissi Agyebeng’s impeachment case – Vitus Azeem
2 hours -
Livestream: Newsfile discusses cedi depreciation and petition to remove Special Prosecutor
2 hours -
John Kumah to be buried today
3 hours