Audio By Carbonatix
A Minister of State at the Presidency in charge of Financial and Allied Institutions, Fifi Kwetey has blamed the country's economic problems partly on the ongoing Presidential election petition at the Supreme Court.
According to him the "needless" petition has instigated a wait-and-see attitude among international investors towards Ghana.
Commenting on the recently issued Eurobond by the Bank of Ghana, on Radio Gold's Alhaji and Alhaji the Ketu South Member of Parliament said although Ghana's economic challenges did cast a dark shadow over the Bond issue, the situation is a turnaround now.
"We need to salute ourselves as a country for the recent success chalked on the international financial market...with the Eurobond", he said.
Fifi Kwetey believes that in spite of the problems afflicting the country's economy, credit rating agencies, international emerging market observers are upbeat about Ghana's economic prospects.
This according to him is because the international community have observed that although the government inherited a problematic economy since 2009, consistent progress has been made.
He said the country's current economic problems are transient, saying it is sad that people outside Ghana are applauding government progress while the people within are doing otherwise.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
Nearly 2,000 displaced, schools damaged as windstorm wreaks havoc in Gushegu
17 minutes -
Ghana’s Derrick Kohn to work under Marie-Louise Eta as she becomes first woman to coach men’s Bundesliga team
21 minutes -
Accra Open Championships conclude with strong performances ahead of African Championships
28 minutes -
Ghana to begin camping with 12 athletes after Accra Open Championships – Bawa Fuseni
50 minutes -
Anthony Joshua declines showdown with Tyson Fury but admits they ‘probably’ clash next
1 hour -
Tyson Fury dominates Makhmudov, calls out Joshua next
1 hour -
I have supported highway authority financially to fix roads in my constituency – A PlusÂ
2 hours -
US, Iran fail to reach peace agreement after marathon talks in Pakistan
3 hours -
ECG kicks off Phase Two of transformer upgrades at Lashibi; brief outages expected
3 hours -
Port crises loom as 11,000 drivers threaten four-day strike
4 hours -
A source of excellence across generations – Vice President Opoku-Agyemang lauds Mfantsipim
5 hours -
(Photos) Mfantsipim School launches historic 150th anniversary
6 hours -
Knights and Ladies of Marshall group backs Catholic Bishops’ stance on anti-LGBTQ+
6 hours -
Bright Simons: All the Filla in the Ibrahim Mahama/E&P – Gold Fields Saga
7 hours -
Monetise Idiocy In Ghana
7 hours