[ad_1]
Nii Moi Thompson, an economist, says the government should end public sector hiring in order to stop the rapid depreciation of the cedi.
Expressing on Citi TV's point of view, he said the government should focus on cutting spending in order to save the currency, which has depreciated against the dollar and other major commercial currencies.
Taking the example of the United States of America, Dr. Thompson said: "It's done in other parts of the world. During the last financial crisis, some American cities sold their town halls to private companies because they could no longer afford to do so and rented them out. "
Dr. Nii Moi Thompson
Source: Citinewsroom.com
Source: UGC
READ ALSO: NDC man claims President Akufo-Addo used 18 billion GHC to collapse Ghanaian banks
Citinewsroom.com reports that it's complaining that the state was "Put as many people on the payroll of the government who should not be here."
Citing contemporary examples, he described the creation of 44 new districts and six new regions as "unproductive expeditions".
BE CAREFUL: The 10 richest celebrities in Forbes in 2018
Ghana Nti: I can not think too much about the capacity of the Ghana Police Service | #Yencomgh
Do you have a hot story or scandal that you would like us to post on YEN.com.gh? Please contact us on Facebook or Instagram now!
Source: Yen.com.gh
[ad_2]
Source link
