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Wednesday, October 16, 2024
BusinessMoody's upgrade demonstrated the NPP's capability to restore the economy – Ahiagbah

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Moody’s upgrade demonstrated the NPP’s capability to restore the economy – Ahiagbah

Communications Director for the New Patriotic Party (NPP), Richard Ahiagbah, views Moody’s recent upgrade of Ghana’s outlook as evidence of the economy’s recovery.

According to Ahiagbah, this reflects the NPP government’s capability to restore economic stability.

In a post on X, he responded to Moody’s upgrade of Ghana’s outlook from ‘stable’ to ‘positive,’ stressing the significance of this achievement.

He also called on former President John Dramani Mahama to recognize the progress made and give due acknowledgment to the government’s efforts.

Read his post below:

Moody’s has raised Ghana’s credit rating to Caa2, with a positive outlook signaling future fiscal stability. This encouraging update validates the ongoing economic recovery, highlighted by the stronger-than-expected growth rate of 5.8% on average during the first and second quarters of 2024.

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