20
Jun
President Nana Addo Dankwa Addo Dankwa Akufo-Addo has described the downgrade of Ghana by credit rating agencies as reckless. He said the downgrades exacerbated the challenges in African countries including Ghana. Fitch Ratings, for instance, in April this year downgraded Ghana’s Long-Term Local-Currency (LTLC) Issuer Default Rating (IDR) to ‘RD’ from ‘CCC’. President Akufo-Addo said at the 30th Annual Meeting of the Afreximbank on Sunday, June 18 that “the AU champion for African financial institutions and leader of a country that recently had to deal with one of the most difficult periods in his post-independent history, difficulties that were exacerbated…