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Company News of Monday, April 8, 2019
Source: www.ghanaweb.com
2019-04-08
Isaac Adongo, Member of Parliament for Bolga Central
Bolgatanga MP Isaac Adongo said that Ghana's economy has deteriorated over the last two years, so that it was no longer a problem. a prime location for investment and business in Africa and around the world.
He said various reports showed that the worst perception of global investors about an economy led by a National Democratic Congress (NDC) was even better than that of these investors about a nation-led economy. New Patriotic Party.
He cited Ghana's ranking over the years in "Where to Invest in Africa" from the Rand Merchant Bank and in another report from the UN Economic Agency.
These reports follow the perceptions of global investors about countries and their operating environments for businesses to thrive.
"Ghana's fiscal quagmire has been internationally recognized as businesses and the private sector in general are experiencing a difficult and deteriorating economic environment." The 2019 edition of Rand Merchant Bank's Annual Report (RMB) ) "Where to invest in Africa" shows that a missing Ghana Urgent help Our country, which ranked 5th in 2018, lost four places to rank 9th after two years of deteriorating investments in critical infrastructure and corruption, "he said at a conference on the state of the economy.
"It will interest you to note that Ghana was ranked 5th in 2017, less than the 4th that we occupied in 2015 and 2016. In 2014, Ghana was actually ranked 3rd in the same enviable ranking," said Adongo.
"In reality, the worst perceptions of the global community about an NDC-managed economy are always better than the best perceptions of those same investors in an economy run by the nuclear power plant.
"It is neither Isaac Adongo, nor General Mosquito, nor John Mahama who are talking – it is data and facts, it is the data that Dr. Bawumia has seen but ignored for obvious reasons," he added. He added that "as long as Ghana remained a country ruled by RP in a circus and by people with the bloodlines of the famous PT Barnum, famous publicist of the eighteenth century renown, and without proper renewal or improvement of his economic and operational environment, our neighbors work actively, speak less but we exceed convincingly.
"Nothing surprising that containerized freight pbading through our ports has increased by 4% in 2018".
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