Moody's warns on country's rating

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Competent Economist 10 years ago

Its unfortunate that the governments position is that the current problems in the Ghanaian economy are caused by external or international factors (See President John Mahama's Facebook Page)
Moody's clearly puts the blame s ...
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Its unfortunate that the governments position is that the current problems in the Ghanaian economy are caused by external or international factors (See President John Mahama's Facebook Page)
Moody's clearly puts the blame squarely on the shoulders of government. Its the debt, borrowing and inflation that is killing killing the economy. Lets sit up and act.
ATO WILLIAMS 10 years ago

SIMPLE ECONOMIC FACTS THAT WE SHOULD FACE SQUARELY AS A NATION. I DON'T UNDERSTAND THE NEED TO SPIN OUR PROBLEM. IT HAS BEEN CLEARLY PUT OUT HERE.

SIMPLE ECONOMIC FACTS THAT WE SHOULD FACE SQUARELY AS A NATION. I DON'T UNDERSTAND THE NEED TO SPIN OUR PROBLEM. IT HAS BEEN CLEARLY PUT OUT HERE.
Lord Tennison 10 years ago

Ghana is in trouble.
Corruption+Incompetent Government=Economic Decline.
John Mahama should resign now!

Ghana is in trouble.
Corruption+Incompetent Government=Economic Decline.
John Mahama should resign now!
Kwaku Amexo 10 years ago

By Robert Schroeder

WASHINGTON (MarketWatch) - The U.S. national debt is now about 73% of gross domestic product, the Congressional Budget Office said Tuesday. The percentage of debt is higher than any point since aro ...
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By Robert Schroeder

WASHINGTON (MarketWatch) - The U.S. national debt is now about 73% of gross domestic product, the Congressional Budget Office said Tuesday. The percentage of debt is higher than any point since around World War II, and twice the percentage it was at the end of 2007, the nonpartisan agency said in its long-term budget outlook. If current laws stay in place, debt will decline "slightly" relative to GDP over the next few years, the agency said. But it warned that growing future deficits will push the debt to 100% of GDP 25 years from now.
DAN 10 years ago

we have a lots more tax paying citizens than ghana!!!!!! And you forget we can always cut of Foreign aid to Ghana,Nigeria,kenya,Israel etc..So worry about yourself..You have poor quality hospital,schools and water and electri ...
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we have a lots more tax paying citizens than ghana!!!!!! And you forget we can always cut of Foreign aid to Ghana,Nigeria,kenya,Israel etc..So worry about yourself..You have poor quality hospital,schools and water and electric systems so it will only get worse! Ghana as already sign away the jubilee oil as collateral for loans from China that have not been fully disburse..So even if oil goes to record prices on jubilee parteners will profit not ghana! i can see your a dumb nigger and ndc( nigger demolition crew) party member
Kwaku Amexo 10 years ago

The government is doing what it can to stabilize the Cedi even though the government did not cause it. Ghana with rich land continues to import food. People prefer imported chicken over organic chicken grown in Ghana, Ghanaia ...
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The government is doing what it can to stabilize the Cedi even though the government did not cause it. Ghana with rich land continues to import food. People prefer imported chicken over organic chicken grown in Ghana, Ghanaians prefer "Holland print" to the Ghanaian prints. Ghanaians quote prices of goods and services in Dollars and turn around to blame the government. Now the government wants to reduce dollarization of the economy and still people complain. Ghanaians don't want to do construction work at night, blame Chinese for treating them like slaves so the Chinese import workers at more expensive price to Ghana and people complain. The economic problems of the country is caused by the people in the country in addition to external forces few Ghanaians understand. The fall of Gold price from $1900 to about $1200 an ounce, the fluctuation of prices of other commodities are not the fault of the government. What can an average Ghanaian do to help.
1. Be productive in whatever you do 2.Value and patronize local food and goods
3. Produce more than you can consume and export the rest to the less fortunate countries in West Africa.
4. Spend Cedis
5. Importantly no one can do any of the above alone so develop the attitude of helping each other to succeed not pulling anybody down.
6. Learn to help current government to succeed instead of trying to discredit it hoping that people will vote the current government out for a new one who will do the same thing- again the pull him down effect in the largest scale. The country does not belong to any political party and none should think they are the only ones that can "rule"
DAN 10 years ago

anybody that want to HELP the current gov is an idiot..you must riot in the streets like Ukraine,egypt and south america and for Mahama to resign,,by the way gold is back to $1300 (yahoo news)

anybody that want to HELP the current gov is an idiot..you must riot in the streets like Ukraine,egypt and south america and for Mahama to resign,,by the way gold is back to $1300 (yahoo news)
Truth 10 years ago

And you think your family will come out unscathied.Only an idiot will favor violence over any kind of peace.Shame on you.

And you think your family will come out unscathied.Only an idiot will favor violence over any kind of peace.Shame on you.

Moody's warns on country's rating

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