Seth Terkper

by: michael eli dokosi /www.blakkpepper.com/ghana

Following international credit rating agency, Moody’s painting of a positive outlook of the Ghanaian economy, Finance Minister, Seth Terkper believes it’s only a matter of time before other agencies reassess the standing of Ghana on their log.

Moody’s has regraded the Ghanaian economy from B3- to B3 indicating a shift from negative to stable. The agency since 2015 had rated Ghana at a B3- negative outlook till now.

Mr. Terkper attributed the regrading to the performance of the economy, fiscal debt reduction and the reforms deployed to stabilize the cedi as well as the Euro bond issuance and subscription.

He held that it was time other rating agencies including Standard & Poor’s and the Fitch Group regrade the country’s credit rating to reflect its positive look.

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Michael Eli Dokosi is a journalist and a formidable writer with a decade's experience. He is a blogger as well who currently owns and manages the news portal www.blakkpepper.com. The site is a wholesome news platform with entertainment, political, general, sports, negroid and foreign news offerings with the tagline 'More than Straight News' because of its alternate take on issues. The blakkpepper name emerged because the site is Afrocentric and hot. The Managing Editor can be reached via cell line (+233) 0249907425 & (+233) 0262907425 and via email blakkpeppergh@gmail.com for adverts, enquiries and news coverage invites.