Audio By Carbonatix
The Finance Ministry says the recent downgrading of the country’s credit ratings by Standard and Poor was not due to how the economy has been managed.
It said the ratings agency was not just peculiar to Ghana, as the Standard and Poor took turns to review other countries about how COVID-19 could impact on their economies.
The Ministry in the statement added that even compared to Ghana’s peers the country is in better position to recovery fully based on some measures taken to stabilize the economy
Ratings Agency Standard and Poor’s on September 11 lowed the country’s creditworthiness from B to B negative but with a stable outlook.
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.
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
-
Abolish or Reform? Abu Jinapor counsels sober reflection on debate over future of Special Prosecutor’s Office
4 hours -
2026 World Cup: Can Ghana navigate England, Croatia, and Panama in Group L?
4 hours -
NAIMOS task force arrests 9 Chinese illegal miners, destroys equipment at Dadieso
4 hours -
NAIMOS advances into Atiwa Forest, uncovers child labour, river diversion and heavy machinery
4 hours -
NAIMOS Task Force storms Fanteakwa South, dismantles galamsey operations
5 hours -
The Kissi Agyebeng Removal Bid: A Look at the Numbers
5 hours -
DVLA to roll out digitised accident reports, new number plates and 24-hour services
6 hours -
DVLA Workers’ Union opens 2025 Annual Residential Delegates Congress with call for excellence, equity and solidarity
6 hours -
Scholarships Secretariat sets December 8–9 interviews for Commonwealth Scholarship applicants
6 hours -
WASSCE decline reveals deep gaps, there’s need to overhaul education system – Franklin Cudjoe
7 hours -
JOY FM Drive Time host Lexis Bill leads fans up Aburi Mountain in energetic ‘Walk With Lexis’ fitness experience
7 hours -
2026 World Cup: Ghana to open campaign in Toronto against Panama
8 hours -
President Mahama, Lordina support retired Assemblies of God pastors, widows with medical care and Christmas gifts
8 hours -
2025/26 GPL: Nations FC fight back to claim 2-1 win over Heart of Lions
8 hours -
Tanzania responds to international criticism over October post-election events
8 hours