An American credit rating agency known as S&P Global Ratings on August 5th, 2022 downgraded Ghana’s credit rating from B- to CCC+, reflecting Ghana’s limited commercial financing options, and constrained external and fiscal buffers. S&P Global Ratings has lowered Ghana’s foreign and local currency and Sovereign ratings to CCC+ and […]
It appears there is an ongoing debate about the office of the Gborbu Wulomo and or the role of Borketey Lawe in Nungua. In reaction to social media writings, the descendants of Borketey Lawe minced no words in saying that Borketey Lawer was the founder of the Nungua state; that […]
More than 7,997 associations listed today in the Southern Provinces of Morocco operate in the field of civil and political rights. Further, they also protect fundamental rights and freedoms. Associations are governed in Morocco by a legislation having enabled a substantial growth in the number of associations, as well as […]
According to the Afrobarometer Report, most Ghanaians believe that the Country is heading in a wrong direction. Per the Sample Size of the survey, 2,400 Ghanaians were interviewed with a margin of error +/-2 percentage at a 95% confidence level. According to the Afrobarometer Report released 2022: 1. Almost 9 […]
According to Professor Steve Hanke, an Economist with Johns Hopkins University, “under President Akufo-Addo’s leadership things just keep getting worse. Sky high food & fuel costs have triggered violent protests”. It is very funny and interesting for Professor Steve H. Hanke to say that and in fact the 79 year […]
The fact and data always support the narrative that former President John Mahama actually went to the IMF because of Fiscal Indiscipline anchored on Pure Incompetence and Not because of lack of Resources. According to the International Monetary Fund, the NDC government under John Mahama came to the IMF for […]
The return of Ghana to the IMF has generated a lot of controversies, arguments, and political equalisations among others in recent times. But it should not split heads among Ghanaians. The reality is that Ghana is in financial distress and needs temporary relief since government cannot meet its revenue targets […]
According to the public records, John Mahama’s administration in 2015 sought IMF bailout largely because of: 1. Fiscal Indiscipline 2. Domestic economic crisis as a result of severe power shortages(DUMSOR) 3. Restoration of Investor confidence. Between 2015 and 2016 when Ghana went to the IMF under John Mahama’s administration, there […]
Yes, it has not been an easy decision to take Ghana to the IMF, however, it is completely false for anyone to conclude that people in charge of NPP Government taking Ghana to IMF cannot break the 8 in 2024. The decision of NPP Government to seek IMF support does […]
