Mr.Kenneth Nana Kwame Asamoah,National Chairman of United Progressive Party has said that NPP and the Nana Addo led administration has  taken the good people of Kumasi and it’s environs for fools. According to him, without the good people of Asanteman NPP can never win elections in Ghana but  Only neglect Asanteman after winning power. He said it’s about time Asanteman must rise against the NPP and it’s wicked leadership. He revealed that since NPP came to power barely three years ago Asanteman cannot boast of a single developmental project but it is Asanteman that brought NPP to power in 2016. He called on Asanteman to be vigilant and  not to entertain NPP in subsequent elections because they are wicked  and have nothing good to offer Ghanaians. The potential flagbearer made this known when he was speaking to  across section of party members in the Asokwa Constituency in the Ashanti region. Kenneth Nana Kwame Asamoah was not happy about how NPP has been treating the people of Kumasi and Ashanti region at large.He said,the contribution of Asanteman to the development of Ghana cannot be underestimated but get less in the distribution of the national cake. He hinted that ,NPP usually plays on the intelligence of Asanteman anytime they want to win power.The UPP leader however called on Ghanaians not vote for NPP again because they have nothing good to offer Ghanaians. He called on party members not to rely on the government for employment but rather acquire vocational skills that will aid them to fit well in the society. He said the UPP is poised to give the Youth in the Country vocational skills ,this he believes will help cut down unemployment in the country. Speaking on the compilation of the new voters’register,he advised the electoral commission not to compile new voters’register because it’s a waste of time , money and energy.

Choicenews. News. blog

HOHOE MCE INAUGURATES TWO GETFUND PROJECTS AT HOHOE E.P. SHS

The Municipal Chief Executive (MCE) for Hohoe in the Volta Region, Hon. Andrews Teddy Ofori has inaugurated two major GETFund projects at the Hohoe Evangelical Presbyterian Senior High School at a brief ceremony at Hohoe. The construction of the classroom and dormitory blocks was started by the previous Mahama administration but abandoned midway before the 2016 general elections due to apparent lack of funds.

The commissioning of the twelve (12) unit boys’ dormitory block with ancillary facilities as well as the eighteen (18) unit three storey classroom block, have all brought a new life to the school regarding its infrastructural challenges and needs.

The inauguration and handing over of the projects were done by the MCE on behalf of the President, Nana Addo Dankwa Akufo Addo.

The Headmaster of the school, Mr. Franklin Amesimeku told our newsteam in an interview that the commissioned projects would have a great impact on the academic output of the students. He described the inauguration of the projects as a dream come true, adding that it is a great relief to the school, particularly for the students whose cry over the years has been to get such an infrastructural relief.

The Hohoe MCE, Hon. Andrews Teddy Ofori gave the assurance that government is committed to ensuring that all abandoned projects scattered across the municipality are completed for use by the tax payers. According to him, that is one surest way the tax payers’ money can also be judiciously used for the benefit of all and sundry.

One of the female students who spoke to our newsteam, Ivy Soku, described the classroom block as a good one, adding that she is highly motivated to aspire to become the first female President of the country.

Choicenews.news. blog

International credit rating agency, Moody has reaffirmed Ghana’s credit rating at B3 with an upgraded outlook to positive from stable.This credit rating position is the best Ghana has received from Moody’s in the last decade.A statement issued by Moody on Friday, 24th January 2020 stated that “Moody’s investors Service (Moody’s) has today reaffirmed the Government of Ghana’s long-term issuer and senior unsecured bond ratings at B3 and changed the outlook to positive from stable”.The statement continues that “the decision to assign a positive outlook reflects Moody’s rising confidence that the country’s institutions and policy settings will foster improved macroeconomic and fiscal stability over the medium term, in part as a consequence of the reforms implemented under the recent IMF reform program.Those reforms are beginning to bear fruit, as seen for example in the return to primary fiscal surpluses, measures to smooth the debt maturity profile and increasingly sustainable growth prospects.Pressures and risks remain, as evidenced by persistent revenue challenges, a potential repeat of pre-election fiscal cycles, and the emergence of significant arrears and further contingent liabilities in the energy sector, all contributing to rising public debt.The positive outlook reflects increasing confidence that the government will manage those pressures in such a way as to sustain and enhance external and fiscal stability”.Moody further believes that, in recent years Ghana has seen a number of positive developments in key credit metrics, which partly reflect the institutional and fiscal reforms implemented under the four-year IMF program that was completed in April 2019.These include a return to sustained economic growth at around 5% on average, supported by the development of domestic hydrocarbon resources and the prospect of sustained non-oil growth driven by the restoration of power supply and renewed infrastructure investment, a structural improvement in the current account dynamics, and fiscal reforms which have resulted in primary surpluses since 2017.Key fiscal reforms include the Public Financial Management Act, which improves fiscal governance, the establishment of a Fiscal Council and the Fiscal Responsibility Law (2018) requiring adherence to an overall fiscal deficit ceiling of 5% of GDP and a primary surplus. 2019 saw a cash deficit of 4.8% of GDP and a primary surplus of 0.9% of GDP — weaker than the initial targets but within overall limits.Moody’s expects a similar outcome this year and a renewed shift to fiscal consolidation following the election.This positive verdict by Moody’s on the state of the Ghanaian economy seems to synch with what the position government has held on the on state of the economy.During the past week, both the President and Vice President of Ghana have given indications of how good the economy has been run making it possible for government to implement bold policy decisions that have huge budgetary implications.Vice President and Chairman of the Economic Management Team, Dr. Mahamudu Bawumia underscores the point that at the heart of delivering on key government pledges is the prudent management of the economy. “Sometimes when we say the economy is doing well some people find it difficult to appreciate.It is easy to say things are hard but the stark reality is that if you look at the things government is doing such as paying teacher trainee allowances, funding free SHS, paying nursing trainee allowances, expanding the economy and having resources to recruit over 350,000 people in the public sector, finding money to finance planting for food and jobs, finding money to pay almost 80% of contractors who were owed by government, paying all the NHIS arrears, increasing the capitation grant, increasing peace keeping allowances for soldiers, and the many things we are doing, if you don’t manage your economy well you cannot get the resources to finance all these”, Dr. Bawumia recounted at a recent event in the Eastern region.He continued “quite frankly, these were things that the previous government failed to implement.In fact, they cancelled the teacher and nursing trainee allowances, they could not fund free SHS, they couldn’t pay the NHIS arrears and contractors because , according to them there was no meat on the bone. You cannot have meet on the bone when your economy is manged poorly. What we are seeing today is just as a result of competent economic management by Nana Akufo-Addo”.The Moodys rating and the data on the economy supports the view by Vice President Bawumia who has challenged critics of this administration to not just criticize but adduce data to back their claims.“The data is quite clear and if you interrogate the data you can only conclude that indeed this is competence in the management of the economy’, Vice President Bawumia.Despite the outlook, Moodys draws government attention to potential challenging areas that could affect the current economic gains if care is not taken “The decision to affirm the B3 rating balances, for now, those positive medium-term trends and existing challenges. A key constraint on the rating is the country’s significant exposure to international capital flow reversals, which tend to coincide with exchange rate volatility and rising external and domestic borrowing costs, putting pressure on already weak debt affordability”, the report indicated.

Choicenews.news. blog

GHANA’S ECONOMY AT ALL-TIME BEST IN A DECADE-MOODY RATINGS

International credit rating agency, Moody has reaffirmed Ghana’s credit rating at B3 with an upgraded outlook to positive from stable.This credit rating position is the best Ghana has received from Moody’s in the last decade.A statement issued by Moody on Friday, 24th January 2020 stated that “Moody’s investors Service (Moody’s) has today reaffirmed the Government of Ghana’s long-term issuer and senior unsecured bond ratings at B3 and changed the outlook to positive from stable”.The statement continues that “the decision to assign a positive outlook reflects Moody’s rising confidence that the country’s institutions and policy settings will foster improved macroeconomic and fiscal stability over the medium term, in part as a consequence of the reforms implemented under the recent IMF reform program.Those reforms are beginning to bear fruit, as seen for example in the return to primary fiscal surpluses, measures to smooth the debt maturity profile and increasingly sustainable growth prospects.Pressures and risks remain, as evidenced by persistent revenue challenges, a potential repeat of pre-election fiscal cycles, and the emergence of significant arrears and further contingent liabilities in the energy sector, all contributing to rising public debt.The positive outlook reflects increasing confidence that the government will manage those pressures in such a way as to sustain and enhance external and fiscal stability”.Moody further believes that, in recent years Ghana has seen a number of positive developments in key credit metrics, which partly reflect the institutional and fiscal reforms implemented under the four-year IMF program that was completed in April 2019.These include a return to sustained economic growth at around 5% on average, supported by the development of domestic hydrocarbon resources and the prospect of sustained non-oil growth driven by the restoration of power supply and renewed infrastructure investment, a structural improvement in the current account dynamics, and fiscal reforms which have resulted in primary surpluses since 2017.Key fiscal reforms include the Public Financial Management Act, which improves fiscal governance, the establishment of a Fiscal Council and the Fiscal Responsibility Law (2018) requiring adherence to an overall fiscal deficit ceiling of 5% of GDP and a primary surplus. 2019 saw a cash deficit of 4.8% of GDP and a primary surplus of 0.9% of GDP — weaker than the initial targets but within overall limits.Moody’s expects a similar outcome this year and a renewed shift to fiscal consolidation following the election.This positive verdict by Moody’s on the state of the Ghanaian economy seems to synch with what the position government has held on the on state of the economy.During the past week, both the President and Vice President of Ghana have given indications of how good the economy has been run making it possible for government to implement bold policy decisions that have huge budgetary implications.Vice President and Chairman of the Economic Management Team, Dr. Mahamudu Bawumia underscores the point that at the heart of delivering on key government pledges is the prudent management of the economy. “Sometimes when we say the economy is doing well some people find it difficult to appreciate.It is easy to say things are hard but the stark reality is that if you look at the things government is doing such as paying teacher trainee allowances, funding free SHS, paying nursing trainee allowances, expanding the economy and having resources to recruit over 350,000 people in the public sector, finding money to finance planting for food and jobs, finding money to pay almost 80% of contractors who were owed by government, paying all the NHIS arrears, increasing the capitation grant, increasing peace keeping allowances for soldiers, and the many things we are doing, if you don’t manage your economy well you cannot get the resources to finance all these”, Dr. Bawumia recounted at a recent event in the Eastern region.He continued “quite frankly, these were things that the previous government failed to implement.In fact, they cancelled the teacher and nursing trainee allowances, they could not fund free SHS, they couldn’t pay the NHIS arrears and contractors because , according to them there was no meat on the bone. You cannot have meet on the bone when your economy is manged poorly. What we are seeing today is just as a result of competent economic management by Nana Akufo-Addo”.The Moodys rating and the data on the economy supports the view by Vice President Bawumia who has challenged critics of this administration to not just criticize but adduce data to back their claims.“The data is quite clear and if you interrogate the data you can only conclude that indeed this is competence in the management of the economy’, Vice President Bawumia.Despite the outlook, Moodys draws government attention to potential challenging areas that could affect the current economic gains if care is not taken “The decision to affirm the B3 rating balances, for now, those positive medium-term trends and existing challenges. A key constraint on the rating is the country’s significant exposure to international capital flow reversals, which tend to coincide with exchange rate volatility and rising external and domestic borrowing costs, putting pressure on already weak debt affordability”, the report indicated.

Choicenews.online.blog

CEO,KUMANING HOSPITAL-NANA A. GYAMFI

Kumaning Medical Centre Hospital, based in Kumasi Aberepo-Panin led by the CEO Nana A .Gyamfi- Kumaning together with the DKT International (NGO) have organised Free Health screening for Hundreds of people of Abrepo and its evirons in the Kumasi Metropolis of the Ashanti Region.The exercise was undertaken by doctors from outside the country and the medical practitioners of Kumaning Medical Centre.Blood pressure ,diabetes, hypertension, hepatitis ‘B’ among others including Family Planning were all taken care free of charge. 

In an interview with the press, Mr Samuel Oppong Nimo, Senior Administrator of Kumaning Medical Centre Hospital said the exercise was vital as majority of the people do not know their blood group. Many people who do not have the resources to go for check ups also benefited from free blood pressure check up.He said many diseases were seriously affecting the people due to improper diet and lack of physical exercises, which sometimes caused sudden deaths.

Mr Samuel Oppong Nimo Snr Administrator also urged the public to go for regular medical check-ups for the early detection of illness to avoid unhealthy complications.” Medications have been given to victims with minor cases whiles serious cases which need urgent treatment have been given referral for the persons involved to come to the facility for further treatment”, Mr. Nimo disclosed.He seized the opportunity to appeal for support from Government to extends his helping hands to the private Hospitals in the country interms of medical tools, equipments and other hospital facilities to enhance their operations.”We are doing our best to helping the people BUT with government intervention, the private health centers can wider its field of operation to save more lives”, the Senior Administrator of Kumaning Medical Centre Hospital, Mr Samuel Oppong Nimo appealed in an interview with choice news online.