DR BAWUMIA: _____-----International rating agency Moody’s has not upgraded Ghana’s sovereign credit rating contrary to assertions by the Mahama administration to that effect, the vice-presidential nominee of the main oppo ... read full comment
DR BAWUMIA: _____-----International rating agency Moody’s has not upgraded Ghana’s sovereign credit rating contrary to assertions by the Mahama administration to that effect, the vice-presidential nominee of the main opposition New Patriotic Party (NPP), Dr Mahamudu Bawumia, has said. Speaking at the launch of the NPP’s 2016 manifesto at the International Trade Fair Centre in Accra on Sunday, 9 October, Dr Bawumia said Ghana’s sovereign credit rating got downgraded to (B-) under President Mahama despite having oil revenue at its disposal, from (B ) positive (without oil under the NPP). Moody's Investors Service recently affirmed the Government of Ghana's issuer and senior unsecured rating at B3 and changed the outlook to stable from negative. Dr Bawumia, however, noted that nothing had changed except the revised outlook. He said, in fact, international rating agencies like Moody’s, Fitch and Standard & Poor’s now have basically the same credit rating for Ghana. “The recent revision of Ghana’s outlook from B- negative to B- stable; that is the equivalent of B3” with the revision of the outlook from negative to stable, “has resulted in a misinterpretation by this NDC government and President Mahama that Ghana’s credit rating has been upgraded.” “This is in fact not the case. Moody’s did not upgrade Ghana. Ghana’s rating under Moody’s is still B-. It is only the outlook that has been revised and that is not equivalent to a change in rating or a rating upgrade. “Sometimes one wonders whether they don’t read or they don’t understand. So, let me give Mr President a free piece of advice: ‘Mr President, please desist from embarrassing yourself by stating that Moody’s has upgraded Ghana.’ Your economic management team should explain that difference to you. “The Mo Ibrahim 2016 report on governance shows that on virtually all key development indicators such as safety, rule of law, human rights, economic opportunities, infrastructure, business environment, human development, health and public management, Ghana is worse off today than it was 10 years ago,” Dr Bawumia said.
AMUZU 7 years ago
THE U-TURN WILL BE NINE DAYS WONDER,GUYS SMART UP AND DON'T BE FOOL BY PREZ.J.D.MAHAMAH,PROPAGANDA AND LIES
THE U-TURN WILL BE NINE DAYS WONDER,GUYS SMART UP AND DON'T BE FOOL BY PREZ.J.D.MAHAMAH,PROPAGANDA AND LIES
PRINCEWILLY@YMAIL.COM 7 years ago
On a narrow mountain's road a man saw a police car driving uphill backwards. - Hi guys. Why are you driving backwards? - Because we are not sure that we will find the place to make u-turn on the top of the mountain. After one ... read full comment
On a narrow mountain's road a man saw a police car driving uphill backwards. - Hi guys. Why are you driving backwards? - Because we are not sure that we will find the place to make u-turn on the top of the mountain. After one hour the same man saw the same police car driving downhill backwards again. - But guys, why are you driving backwards again? - We have found the place to make u-turn up there'
fkbf 7 years ago
MAHAMA AND THE NDC ARE A BIG DISGRACE TO GHANA
MAHAMA AND THE NDC ARE A BIG DISGRACE TO GHANA
Kofi Gbagbladza 7 years ago
This Bawumia guy is stupid paaaa. The guy doesn't read at all. He is a moron. Bloody scoundrel
This Bawumia guy is stupid paaaa. The guy doesn't read at all. He is a moron. Bloody scoundrel
Kofi Gbagbladza 7 years ago
Nana Addo's a moronic fool and a drug addict. He doesn't know know what he is talking about.
Nana Addo's a moronic fool and a drug addict. He doesn't know know what he is talking about.
Kofi Gbagbladza 7 years ago
You wanna restore teacher training allowance? This guy is a lazy idiotic flagbearer. No wonder he doesn't add any degree to his Bsc economics third class
You wanna restore teacher training allowance? This guy is a lazy idiotic flagbearer. No wonder he doesn't add any degree to his Bsc economics third class
Steve 7 years ago
Mahama has failed Ghanaians by lying.
Mahama has failed Ghanaians by lying.
Peace 7 years ago
Mahama's U-turn on allowances is not only a political gimmick, but as usual,one of NDC'S dodgy and deceitful skirmishes played on Ghanaians with Mahama's perception that Ghanaians have got short memory.Mahama thinks by making ... read full comment
Mahama's U-turn on allowances is not only a political gimmick, but as usual,one of NDC'S dodgy and deceitful skirmishes played on Ghanaians with Mahama's perception that Ghanaians have got short memory.Mahama thinks by making such a U-turn , he will succeed in deceiving the beneficiaries to-be of such allowances to vote for NDC only to withdraw the allowances later on after getting their votes and retaining power after which time nothing can be done.After all ,Mahama will no more come to you for votes and all his crooks would have been fine[ okay] with their loot and found safe places to stash their loot.Vote NDC out and have your peace.An African adage states that'the dog that will not bite you , does not howl at you' Mahama has already exposed his teeth to you in a howl and therefore can bite the beneficiaries to-be of the allowances any time . A word to the wise....
OMANBA 7 years ago
Listen to the thief Bawummia.You people stole the old denominated cedis and recirculated them to enrich yourselves and finance NPP political campaigns.THIEVES!!!!!.Thieves like you want to come back to steal more.NEVER!!!.
Listen to the thief Bawummia.You people stole the old denominated cedis and recirculated them to enrich yourselves and finance NPP political campaigns.THIEVES!!!!!.Thieves like you want to come back to steal more.NEVER!!!.
God son 7 years ago
mahama let me tell u Ghanaians are not fools
mahama let me tell u Ghanaians are not fools
CIY , ENGLAND 7 years ago
The kpokpoblibli President has already declared his loss of being elected by his own confession "BETTER TO LOSE THAN RESTORE ALLOWANCE" Heaven hold this confession against him and is YE and AMEN!!
The kpokpoblibli President has already declared his loss of being elected by his own confession "BETTER TO LOSE THAN RESTORE ALLOWANCE" Heaven hold this confession against him and is YE and AMEN!!
NOBODY 7 years ago
Aplanke Serial Liar Bawumia is just as clueless as his flag bearer Serial Loser Akufo-Addo. Decision-making is not a one way street. decision-makers in both business and government very often have to reverse themselves after ... read full comment
Aplanke Serial Liar Bawumia is just as clueless as his flag bearer Serial Loser Akufo-Addo. Decision-making is not a one way street. decision-makers in both business and government very often have to reverse themselves after careful consideration of many factors. There's nothing gimmicky about the President's decision to reconsider his decision on the issue of allowances.
Mahama is just disgraceful and indecisive!!!!
DR BAWUMIA: _____-----International rating agency Moody’s has not upgraded Ghana’s sovereign credit rating contrary to assertions by the Mahama administration to that effect, the vice-presidential nominee of the main oppo ...
read full comment
THE U-TURN WILL BE NINE DAYS WONDER,GUYS SMART UP AND DON'T BE FOOL BY PREZ.J.D.MAHAMAH,PROPAGANDA AND LIES
On a narrow mountain's road a man saw a police car driving uphill backwards. - Hi guys. Why are you driving backwards? - Because we are not sure that we will find the place to make u-turn on the top of the mountain. After one ...
read full comment
MAHAMA AND THE NDC ARE A BIG DISGRACE TO GHANA
This Bawumia guy is stupid paaaa. The guy doesn't read at all. He is a moron. Bloody scoundrel
Nana Addo's a moronic fool and a drug addict. He doesn't know know what he is talking about.
You wanna restore teacher training allowance? This guy is a lazy idiotic flagbearer. No wonder he doesn't add any degree to his Bsc economics third class
Mahama has failed Ghanaians by lying.
Mahama's U-turn on allowances is not only a political gimmick, but as usual,one of NDC'S dodgy and deceitful skirmishes played on Ghanaians with Mahama's perception that Ghanaians have got short memory.Mahama thinks by making ...
read full comment
Listen to the thief Bawummia.You people stole the old denominated cedis and recirculated them to enrich yourselves and finance NPP political campaigns.THIEVES!!!!!.Thieves like you want to come back to steal more.NEVER!!!.
mahama let me tell u Ghanaians are not fools
The kpokpoblibli President has already declared his loss of being elected by his own confession "BETTER TO LOSE THAN RESTORE ALLOWANCE" Heaven hold this confession against him and is YE and AMEN!!
Aplanke Serial Liar Bawumia is just as clueless as his flag bearer Serial Loser Akufo-Addo. Decision-making is not a one way street. decision-makers in both business and government very often have to reverse themselves after ...
read full comment