Nkonkonsa Celebrity Gossip From Africa
Former Chief Justice Justice Sophia Akuffo has lambasted Ken Ofori-Atta, Minister of Finance, for his management of the Ghanaian economy.
The minister did a poor job of safeguarding the nation’s funds. This is due to Ken Ofori-Atta, the new prime minister, who has had limited success.
I know that you were going to help protect the government’s money, but now it’s empty. It’s been really disappointing.
I don’t think the person who was given the responsibility to manage the economy has done a good job. But even if it were somebody else, I would still feel the same way.
There are many people who want the Finance Minister to be fired, including some members of the governing NPP.
The president and the former chief justice both want the government to be smaller so that it can be more efficient. They also want to replace some of the ministers, because they think that some of them are not doing a good job.
I think it’s likely that the project won’t be successful. Somebody else should be asked to try it, and some ministries should return to their previous partners.
The ministries that used to include transportation have been divided up. Transport now includes air, land, sea and other things. There are different ministers for different parts of transportation.
Today, Fitch lowered Ghana’s credit rating to a lower level of junk status. This means that Ghana is less able to borrow money and is at a greater risk of defaulting on its debts.
Fitch Ratings has downgraded Ghana’s Long-Term Local Currency (LC) rating from ‘C’ to ‘Restricted Default’ because there is a risk that the country will not be able to pay its debts.
The finance minister, Ken Ofori Atta, has announced that the country’s credit rating has been downgraded because the government has decided to go ahead with a debt exchange programme and because some local bonds have already gone into default.
NKONKONSA.com
