{"id":1176631,"date":"2022-08-13T11:28:55","date_gmt":"2022-08-13T11:28:55","guid":{"rendered":"https:\/\/www.ghanamma.com\/2022\/08\/13\/ghanas-economic-rating-downgrade-reflects-reality-theo-acheampong\/"},"modified":"2022-08-13T11:28:55","modified_gmt":"2022-08-13T11:28:55","slug":"ghanas-economic-rating-downgrade-reflects-reality-theo-acheampong","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2022\/08\/13\/ghanas-economic-rating-downgrade-reflects-reality-theo-acheampong\/","title":{"rendered":"Ghana\u2019s economic rating downgrade reflects reality &#8211; Theo Acheampong"},"content":{"rendered":"<p><\/p>\n<div id=\"article-text\" style=\"line-height: 2; letter-spacing: -0.5px;font-size: 18px;\">\n<p>                        <!--p class=\"ky_saved_articles_link\"><span class=\"ky_saved_articles_hide\"><img decoding=\"async\" src=\"\" class=\"ky_saved_articles_img\" alt=\"Ghana\u2019s economic rating downgrade reflects reality - Theo Acheampong\" title=\"Ghana\u2019s economic rating downgrade reflects reality - Theo Acheampong\"><\/span> Bookmark<\/p-->\n<p>A political risk analyst is not surprised by the recent downgraded of Ghana\u2019s credit worthiness.<\/p>\n<p>Dr Theo Acheampong insists that his assessment of the citizenry point to an increasing level of hardship among the populace.<\/p>\n<p>He made these comments on <strong>JoyNews\u2019<\/strong> Newsfile on Saturday, August 13.<\/p>\n<p>This week, Ghana\u2019s rating was downgraded by Fitch from B- to CCC, putting the country\u2019s creditworthiness into junk status.<\/p>\n<figure class=\"wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\">\n<p><div class=\"youtube-embed\" data-video_id=\"q3KESe7lXls\"><iframe loading=\"lazy\" title=\"Poor economic ratings reflects reality on the ground \u2013 Theo Aheampong\" width=\"696\" height=\"392\" src=\"https:\/\/www.youtube.com\/embed\/q3KESe7lXls?feature=oembed&#038;enablejsapi=1\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture\" allowfullscreen><\/iframe><\/div>\n<\/p>\n<\/figure>\n<p>This update follows Standard and Poor\u2019s (S&#038;P) downgrade of Ghana\u2019s foreign and local credit ratings from B-B\u2019 to CCC+C with a negative economic outlook.<\/p>\n<p>These come amid government\u2019s call on the International Monetary Fund (IMF) for an economic bailout.<\/p>\n<p>Speaking on JoyNews, Dr Theo Acheampong indicated that the past few years have seen the hardship felt strongly in the pockets of the populace.<\/p>\n<p>Many  petty traders in the country are feeling the pinch, which Dr Acheampong says, calls for pragmatic measures.<\/p>\n<p>                <!-- Post Tags --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>A political risk analyst is not surprised by the recent downgraded of Ghana\u2019s credit worthiness. Dr Theo Acheampong insists that his assessment of the citizenry point to an increasing level of hardship among the populace. He made these comments on JoyNews\u2019 Newsfile on Saturday, August 13. This week, Ghana\u2019s rating was downgraded by Fitch from [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1176633,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[187],"tags":[2829,2144,3010,250,1824,967,3225,20091],"class_list":["post-1176631","post","type-post","status-publish","format-standard","has-post-thumbnail","category-politics","tag-acheampong","tag-downgrade","tag-economic","tag-ghanas","tag-rating","tag-reality","tag-reflects","tag-theo"],"_links":{"self":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts\/1176631","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/comments?post=1176631"}],"version-history":[{"count":0,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts\/1176631\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/media?parent=1176631"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/categories?post=1176631"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/tags?post=1176631"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}