Ghanaians have criticised Vice President Dr. Mahamudu Bawumia for suggesting that the Akufo-Addo led administration has tamed and stopped the cedi from depreciating against the dollar.
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Dr. Bawumia, during the New Patriotic Party’s National Delegates Conference in Accra on December 22, 2019, said the Akufo-Addo government has drastically “tamed” the cedi from its high depreciation.
“Exchange rate depreciation has been tamed,” he said.
But Ghanaians on Facebook have mocked the Vice President and described the data he presented to support his claim as “useless”.
Below are some of the comments of Ghanaians on Bawumia's claims that the cedi has been tamed:
Emmanuel laughed off the Vice President's claim and asked him to release the cedi
Zege says Bawumia has lost his credibility
Yakson describes Bawumia's data as useless
Kwesi says Bawumia is not being truthful.
YEN.com.gh earlier reported the Government of Ghana has revealed that plans are far advanced to join the eight West African countries which have committed to using the common currency, the ECO from 2020.
Government, in a statement signed by the Director of Communications at the Jubilee House, Eugene Arhin, also applauded the countries which have committed to using, a common currency, saying the move will boost integration and free trade in the sub-region.
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