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Ghana downgraded deeper into junk by Moody’s as oil slide bites

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  • Francis Kyei 9 years ago

    60y% of NDC government officials and party chiefs are robers as reliably informed by the party's founder and ex president. This is very true.....the percentage of the thieves are actually 67%. They will actually steal more. ...
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  • kwajo darko 9 years ago

    Actually all of them are thieves but only 60% of the succeed in llooting the country. From the president to the foot soldier are all suspects!!

  • kk 9 years ago

    THE NDC PUNKS WHO ARE LICKING MAHAMAS BOOTS TO DRAW SALARIES FOR DOING NOTHING EVERY MONTH WILL SOON HOLP PRESS CONFERENCES TO RUBBISH THE REPORTS. NDC NEVER FORGETS THAT MOST OF THEIR SUPPORTERS ARE FOOLS AND CRIMINALLY MIND ...
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  • trueGhanaian 9 years ago

    From a high school dropout to a history major as presidents and you expect Ghana to be able to produce electricity

  • PRINCE KWASI ADADE (OFIE P33) 9 years ago

    AUTHOR: PALMWINE---------

    Nemesis has caught up with Lithur, Tony and now he has been exposed for his initiation, leading role and enjoyment of the fruits of dubious judgment debt with his Mahama-led NDC thieves gov't and ...
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  • Keyholder 9 years ago

    Well said. Lithur et al are without conscience. A disgrace to Ghana. A disgrace to the ideals of a proud and hopeful nation. They will rot in hell.

  • LARYEAH 9 years ago

    THE GOVERNMENT OF GHANA IS RUNNING THE NATION'S BUSINESS LIKE THE "APAPAMU STORE"

  • Aikins 9 years ago

    Mahama what would you have done without oil? What a waste of president is this useless mahama. He has been misusing and stealing ghana as if there is no tomorrow, gyimii mahama.

  • jerry 9 years ago

    PEOPLE THIS MAHAMA AND HIS ON THE JOB TAINING THAT WE CANT AFFORD HAD COST GHANA BILLIONS IN LOSSESS AND DESTROYED GHANA TO A VERY BAD SHAPE OF BEING 3RD WORLD COUNTRY AGAIN

  • William Sorkpor, USA 9 years ago

    We are taking the debt, without disclosing our action-plan on how to make it generate dividends, grow the economy, and pay it back.

    What are we doing?

    Are we running a country or a mom-and pap corner-store?

    God, ple ...
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  • mark 9 years ago

    UNDER MAHAMA WE HAVE SEEN OUR ECONOMY IN THE GUTTER ,OUR CREDIT RATING IN THE WORLD IS ALSO IN THE GUTTER THIS MAHAMA GOVT HAVE ZERO PLAN TO REGAIN OUR CREDITND OR TO RE-BUILT OUR ECONOMY,AND MAHAMA HAVE THE NERVE TO ASK US ...
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  • mayleine 9 years ago

    WHEN WILL WE EVER REGAIN OUR CREDIT BACK AGAIN?

  • nana 9 years ago

    NOTHING WORKD UNDER MAHAMA AND HIS EVIL GOVT THAT TAX US TO DEATH

  • HUMANISM 9 years ago

    GHANA IS A FAILED STATE ......as the ordinary people look on and refuse to take the govt. to task ....... as if all is well.

    Most Ghanaians think "PRAYERS" without any "ACTION" will deliver the country from the BORROW-$$$ ...
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  • Obiba Broke 9 years ago

    Ghana,s junk status is a result of poor financial mismanagement and corruption by the ndc government

  • JOE GOD 9 years ago

    THREE THINGS KILLING GHANA 1. THE PEOPLE RULLING ARE ALL THE SELECTED DIRTY THIEVES READY TI ENRICH THEMSELVES THAN WORKING FOR GHANA. 2. USING DEAD CELLS BRAINS SUCH AS KWAME PIANIM AND CO WHOSE IDEAS ARE DEAD LONG AGO. 3 ...
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  • Woyome 9 years ago

    If you buy 20X more of a product you sell. A PRICE REDUCTION IS A NET GAIN. Stop throwing dust in our eyes.

  • Dekyem 9 years ago

    Talk sense

  • Palogo 9 years ago

    Have seen the 3 black brains trying to sort our problems. Tekper, Pianim and that Guy at the bank of Ghana. No hope for Ghana come next year the problems would have quadrupled

  • impromptus 9 years ago

    Under K4 we never had oil & never downgraded.There are brilliant black people all over the world but we'll give them the chance. Don't broad brush, mate. If you don't see Obama as black his wife is and brilliant

  • Nana Appiah 9 years ago

    This is exactly the ripple effects of Kuffour's Strategy of Governance= Declare HIPC,PRINT MONEY, LOOT, SHARE, and Falsify economic figures !!

  • EBBY 9 years ago

    Yes. This is one of those brain-infarcted, boot-licker NDC idiots with herd mentality. When his master is sick, he will say "we are sick". Dummy, open your eyes and see before this country sinks into the abyss of the ocean li ...
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  • Nana Appiah 9 years ago

    When there is a disease, You try to tackle it from the root cause by identification...When Kuffour printed and flooded the economy with loads of printed money, how long do you think it will take for you to feel the ripple eff ...
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  • Sam 9 years ago

    Why was the economy better under Mills but worse under Mahama? Why didn't Kufour's 'bad' economy didn't affect Mills' government but Mahama's.

  • eugene 9 years ago

    WHEN WAS OIL FOUND IN GHANA IN COMMERCIAL AMOUNTS (WHEN kUFOUR IN POWER) wHEN WAS OIL FOUND IN NIGERIA???? 60 YEARS AGO! WHY RAWLINGS COULDN'T FIND OIL BUT KUFOUR DID,,,YOU ARE A NIGGER=LAZY,IDIOT,STEALING BLACK MAN...DO THE ...
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  • Gen.Mosquito 9 years ago

    No Palogo we can't afford to wait till next year or else we would all have been buried by then.I think Terkper only goes to work to draw salary.order than that there is no solution in sight as long as he remains at post

  • ATUAJOE 9 years ago

    THAT IS RUBBISH POLITICAL... NOT THE TRUTH. ..STOP DEGRADING YOUR COUNTRY . IT WILL NOT HELP ANYONE...

  • Jay London 9 years ago

    Just look out for NDC denial tomorrow or later. They will come up with some bogus explanation and that nothing is their fault.

    How Mahama contested the 2012 elections is costing Ghanaians dearly.

    He sacrifices all gain ...
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  • Kwame A. 9 years ago

    Ga Mantse rightly said something back that these ministers are standard 7s. Mahama himself would come out to throw dust in your eyes and Fiifi, Okudjeto, Jamal, Anyidoho, Boamah, kwarkye etc would bluff the report and sing pr ...
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  • eugene 9 years ago

    WE JUST READ THEIR IS NO MONEY TO BUY OIL OR NATURAL GAS! SO STOP WITH BULLSHIT LIES ABOUT NIGERIA HAVE SHORTAGE IN PIPELINE...NDC HAS STOLEN ALL THE MONEY!

  • koki 9 years ago

    2015 Budget statement gave Ghana position away. As a useless Government who never prudently thought of the plight of the deprived children in the country. No provision were for the very young who need to be safeguarded throug ...
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  • Dean 9 years ago

    NDC appointees are thieves stop the looting to make Ghana a better place to live. Mahama is commander in thief.

  • KK 9 years ago

    We are downgraded and so what?

    We went into HIPC before and that did not make us lesser being.

    What do you think you would gain with this stupid news.

  • Woman 9 years ago

    If you understand downgrading and the HIPC program, you wouldn't make this ignorant statement. For your information, we are at HIPC again thanks to your party's mismanagement and corruption.

  • Dean 9 years ago

    NDC appointees are thieves stop the looting to make Ghana a better place to live. Mahama is commander in thief .NDC appointees are notoriously hard criminals.

  • Nzema K 9 years ago

    A whole Gh Journalist describes his own country as if there is no tomorrow. NPP must get it that until Dec 2016 when Ghanaians will decide again, it is NDC led by John Mahama who rules and over 50% of Ghanaians think that it ...
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  • Woman 9 years ago

    Going by just this report, I cannot see what you saw, otherwise, Bloomberg isn't a Ghanaian newspaper, and they care less about your petty internal political squabbles. The nation is drowning in debt, dirt, and corruption, a ...
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  • DusTY-FooT-pHiloSophER 9 years ago

    Yes, Bloomberg.com again. Well, who don't know who they are in bed with down there? Hahaha! Go figure!

  • eugene 9 years ago

    IF GHANA WAS A PERSON THEY WOULD BE LAUGHED OUT OF BANK WHEN APPLYING FOR LOAN..iNSTEAD THEY HAVE BEEN TREATED LIKE PERSON IN USA THAT NEVER PAYS THEIR BILLS ON TIME 22% CREDIT CARD INTEREST AND NO ABILITY TO GET MORE LOANS

  • Ghana 9 years ago

    NPP the DOOMS DAY PARTY will be much happier now!!!
    I'm yet to see a party that's very opposite to it's name like this tribalistic party.
    To the extend that they want Ghana burned down if only they being the Ashanti/Akyems ...
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  • Woman 9 years ago

    You all need to be less triablistic than you want us to believe. Where in this reort did Bloomberg refer to the NPP or NDC? You see, you are so inward looking and tribalistic you can't take any criticism or any message that ...
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  • Abigi 9 years ago

    Idiotic myopians like you are the cause of our problems. You are so far out in your tribal hatred that you cannot reason as a human. The government has put every Ghanaian into such a mess and you are concerned about the oppos ...
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  • Wo Nua 9 years ago

    'Woman' and 'Ghana' are inward-looking and will remain so for the rest of their lives! Without you inward-looking people Ghana would have developed long ago. Why are you so evil-hearted and envious of anything that is sane?

  • KWAKU ANANSE 9 years ago

    THE THIEVING OF THE NDC PARTY HAS ONCE AGAIN PLUNGED GHANA INTO BANKRUPTCY. BY THE NDC PARTY'S RULE, GHANA HAS WASTED 26 YEARS, SOON TO BE 28 YEARS, BY 2016 ELECTIONS AND NOTHING ACHIEVED BUT DEBTS, POVERTY, HUNGER, DISEASE, ...
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  • MILLS BLOOD IS WORKING, 9 years ago

    THIEF NDC,CORRUPTION PARTY,FULL OF PROPAGANDA,TO DESTROYED A BEAUTIFUL COUNTRY GHANA,50CEDIS JJ KILLED,NOW LOOK AT HIS OWN PARTY NDC,WOYOME,SADA SUBA AND SOO ON,CORRUPTION,AND KEEP QUIET,

  • William Goku U S A 9 years ago

    What a calamity.

  • Dean 9 years ago

    OMG I LOVE this comment.What a calamity.hahahaha.Mahama and co must resign.

  • Kwame Angel 9 years ago

    Ghana's bond downgrade has to do more with NDC corruption than price of oil. Ghana sells oil at international prices just like any other production nation. And for those who do not know what investment grade means, it simply ...
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  • Abigi 9 years ago

    We heard the economy was doing better than under Kuffuor yet Moody's ranking under Kuffuor was far better. This week the finance minister told us they have managed the situation very well, yet Moody is not happy with their pe ...
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  • Bostonman redsox 9 years ago

    Mahama

  • Kwashie 9 years ago

    Frankly i am NOT surprised when i read such negative reports about Ghana. On the contrary, i would probably be surprised when i read or hear progressive good news concerning the Ghanaian economy. We all know for a fact that G ...
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  • olu 9 years ago

    No wonder the soo called rating agencies have different grades for the same nation.

  • k, no problem, a 9 years ago

    IMF why civil servants?

  • Liars! 9 years ago

    A reduction in the price of crude oil should be a blessing to a Country that is a net importer of petroleum products. I only hope those imbeciles we have as leaders did not nicodemously hedge the price of the crude we import! ...
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  • BALLOT PAPER 9 years ago

    To even suggest this Mahama-led NDC gov't is managing an economy is a non-starter. Where is the economy that is being managed? The one in the pits or which economy?
    It is laughable when the NDC gov't talks about an economy. ...
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  • kakabo 9 years ago

    Moody is also owned by NPP or the shareholders are NPP supporters. So they will not see anything good from the NDC. Tweaaa. We shall be downgraded to Z by 2016. When thieves are in control arm robbers become super stars. This ...
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  • Sorry, Moody isn't an individual..oka 9 years ago

    Looks like you're semi-literate, hence your porous assertion. Moody isn't an individual; it's an organization. So get lost with your crazy Comments, else you'd get yourself being mocked.

  • Thomas 9 years ago

    Truly a baboon behind a laptop. What school did you attend?

  • eugene 9 years ago

    THE PLACE IS SOMEWHERE IN AMERICA OR EUROPE AND CARE LESS ABOUT TOILETS LIKE GHANA OR SUDAN...ALL THEY CARE ABOUT IS INFORMING INVESTORS OF RISK

  • Albert 9 years ago

    Moody's ratings means the cost of Capital for Ghana will go up.Simple English,interest rates if you borrow goes up . We as a country need to start consuming and exorting instead of imprtig things like toatoes,onions which can ...
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  • Dessie 9 years ago

    Start writing positively for your nation

  • Agbeli Kumordzi 9 years ago

    That silly moody can see America is now a fourth world

  • nii nii niiiii 9 years ago

    Ghana is doomed and an embarrassment to the international community.We've lost credibility and now begging for 1billion lesser than the oil revenue The is the face of desperation.shame

  • ZAC 9 years ago

    President Mahama will not listen so how can he hear? He has the dead goat syndrome illness, and in his case the nation cannot cure it. So we continue to sink because our Mahama Dramani is sick.
    Our economy is rated either 'B ...
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  • David 9 years ago

    Ghana is now 3rd West African biggest economic power and no more 2nd

  • Thomas 9 years ago

    He was supposed to be the economic advisor who had all the answers and was criticizing the NPP government. See where his advice has led us.

    Tweeaaa! Talk is cheap!

  • dani 9 years ago

    BANK OF AMERICA IN THE USA PAY THE CROOKS AT [MOODYS] TO REPORT THEIR LOAN AS TRIPPLE AAA WHEN BANK OF AMERICA LOANS WERE TOXIC LOANS READY
    TO DEAFULT. AND GUSS WHAT MOODYS RATED THEM HIGH SO THEY CAN GET PAID MONEY GO ...
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  • eugene 9 years ago

    SO THEY CAN'T PAY FOR LIES..SO THIS IS TRUTH..YOU HAVE NO ELECTRIC POWER IN YOUR CARDBOARD SHACK SO DON'T KNOW WHEN LIGHTS ARE BACK ON