Audio By Carbonatix
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
-
Young sanitation diplomat urges children to lead cleanliness drive
8 minutes -
Energy sector shortfall persists; to hit US$1.10bn in 2026 – IMF
9 minutes -
Gov’t secures $30m Chinese grant for new university of science and technology in Damango
19 minutes -
Education Minister commends St. Peter’s SHS for exiting double-track, pledges infrastructure support
23 minutes -
ECG to be privatised – IMF reveals in Staff Report
26 minutes -
Accra Unbuntu Lions Club impacts 500,000 Ghanaians in 5 years of social service
30 minutes -
VALCO Board holds maiden strategic meeting with management
60 minutes -
African Festival: Nollywood star Tony Umez joins Nkrumah musical in Accra
1 hour -
U.S. lawyer suggests GRA–SML case is politically motivated; says Ofori-Atta isn’t evading justice
1 hour -
Ghana’s financial sector stability sustained but risks remain – IMF
1 hour -
Revival Concert sees massive turnout for Kweku Smoke
1 hour -
Amenfi Central MP supports completion of CHPS compound at Manso Nkwanta No. 2
1 hour -
Access Bank Ghana reflects on a year of resilience, renewal and impact at end-of-year thanksgiving service
1 hour -
900 women die in childbirth in 2025 – Gender Ministry warns Ghana is off track on maternal health
1 hour -
Fire destroys ten container shops at Tadisco Down, Takoradi
2 hours