[ad_1]
Critics of Vice President Dr. Mahamamudu Bawumia on his failure to stop the depreciation of the cedi against major commercial currencies are "legitimate," said Majority Leader Mathew Nyindam
. The Ghana cedi was Tuesday, July 3, reportedly at a record high, raising questions about the Vice President's ability to stabilize Ghana's currency, although he has the necessary expertise to ensure solidity. the cedi against the dollar and other currencies before the general election of 2016.
Read: The cedi of Ghana at its lowest historic level
On Wednesday, July 4, the deputy leader of the minority, James Avedzi, predicts further decline in value of Ghanaian cedi
He notes that the cedi could depreciate .20 against the dollar.
Nyindam, who is also a member of Parliament's Finance Committee, admits that concerns about the fall of the cedi are real but badures that the government is working tirelessly to resolve the situation.
"As I have said the economic management conducted by Bawumia, as you said it is locked up the cedi and the key is given to the IGP, is the key is stolen? This is a legitimate question that you have asked and that he is not sleeping, the Minister of Finance will not sleep until we have found no solutions to these problems. "
He said that the fall of the cedi is a worrying situation that should not be politicized.
" We are not very happy with what happens because when your cedi wobbles on the market international, everything you do is not good enough "
Mathew Nyindam however observed that the New Patriotic Party should be commended for" stabilizing the economy "in the space of 39, a year and a half in the government,
Meanwhile, the Bank of Ghana is positive, the cedi will soon see some stability by what he believes changes in the exchange rate are temporary.
3news.com | Ghana
[ad_2]
Source link
