Wampah massaging figures to please his paymasters – Assibey Yeboah

Read Article

Comments (15)

This article is closed for comments.

Read Comments Comments (15)

Yaw 8 years ago

@ GHS3.8 = $1.00, GHS97.2 Billion = $25.6 Billion Ghanaians are being fooled. Explaining Ghana's total debt with current dollar rate. Obviously to post a far lower debt stock in contrast to Bawumia's pronouced figure. Devils.

@ GHS3.8 = $1.00, GHS97.2 Billion = $25.6 Billion Ghanaians are being fooled. Explaining Ghana's total debt with current dollar rate. Obviously to post a far lower debt stock in contrast to Bawumia's pronouced figure. Devils.
Nurudeen 8 years ago

Assibey Yeboah talking for talking sake. you guys are not helping ghanaians at all .. where were you when the ndc were approving of loans in parliament such that you did not have a quorum to reject their dubios loans.. and yo ...
read full comment

Assibey Yeboah talking for talking sake. you guys are not helping ghanaians at all .. where were you when the ndc were approving of loans in parliament such that you did not have a quorum to reject their dubios loans.. and you come here to disturb.
BABAH. 8 years ago

YENTIE OBIARA,YE BE DII KEKE.NDC NIE DEBTS NIE,STEALING NIE.ONLY FOOLS WILL ALWAYS COMMENT IN THIS WAY FORGOTTEN MAJORITY CARRIES THE VOTE.DON'T DISTURB OUR EARS IF YOU DON'T KNOW WHAT YOU ARE TALKING ABOUT.

YENTIE OBIARA,YE BE DII KEKE.NDC NIE DEBTS NIE,STEALING NIE.ONLY FOOLS WILL ALWAYS COMMENT IN THIS WAY FORGOTTEN MAJORITY CARRIES THE VOTE.DON'T DISTURB OUR EARS IF YOU DON'T KNOW WHAT YOU ARE TALKING ABOUT.
ya 8 years ago

this confusion govern of BOG and incompetence mahama must go period.

this confusion govern of BOG and incompetence mahama must go period.
ya 8 years ago

incompetence president cannot sack incompetence BOG govern is a plan , and is the same as thief cannot sack a thief northern must wake up ooooooo.

incompetence president cannot sack incompetence BOG govern is a plan , and is the same as thief cannot sack a thief northern must wake up ooooooo.
Kwame Aboah 8 years ago

Is Honorable Dr. Asibey Yeboah a friend of Honorable Afenyo Markins ? They are honorable men by Ghananian definition.

Is Honorable Dr. Asibey Yeboah a friend of Honorable Afenyo Markins ? They are honorable men by Ghananian definition.
LETTRUTHPREVAIL 8 years ago

Did Bawumiah massage figures to please Nana? Oh NPP! Mercenaries trainers! From bomb throwing to CIA agents for coup, now mercenaries trainers! Shame!

Did Bawumiah massage figures to please Nana? Oh NPP! Mercenaries trainers! From bomb throwing to CIA agents for coup, now mercenaries trainers! Shame!
Pee 8 years ago

Please Nurudeen, this $3.8 is selling price and when Ghana is redeeming it's debt, she will buy the dollar which is higher. Please just check this small economics before you insult. Always say your mind and stop insult thank

Please Nurudeen, this $3.8 is selling price and when Ghana is redeeming it's debt, she will buy the dollar which is higher. Please just check this small economics before you insult. Always say your mind and stop insult thank
DEADGOAT 8 years ago

Every sensible person knows de president is lying to Ghanaians every day

Every sensible person knows de president is lying to Ghanaians every day
Golden Boy 8 years ago

What is John Mahama and the NDC afraid of in telling us the truth?? You said you have built so much projects,you only used $7 billion out of the $37 billion you borrowed, where is the rest of the money???

What is John Mahama and the NDC afraid of in telling us the truth?? You said you have built so much projects,you only used $7 billion out of the $37 billion you borrowed, where is the rest of the money???
Dungah 8 years ago

Did Bawumia coated Ghana's debt in Naira or in Dollar? This NPP morons, what are they up to?

Did Bawumia coated Ghana's debt in Naira or in Dollar? This NPP morons, what are they up to?
BABAH. 8 years ago

WE NEED OUR BALANCE.MAHAMAH IS A THIEF AS WELL AS ALL NDC PEOPLE,FROM RAWLINGS TO YOU BLIND-DUMB FOOL SOLDIERS.THIEVES PARADING AS POLITICIANS AND LEADERS.GOD WILL HAMMER YOU ONE BY ONE WITH PINCH-BAR.

WE NEED OUR BALANCE.MAHAMAH IS A THIEF AS WELL AS ALL NDC PEOPLE,FROM RAWLINGS TO YOU BLIND-DUMB FOOL SOLDIERS.THIEVES PARADING AS POLITICIANS AND LEADERS.GOD WILL HAMMER YOU ONE BY ONE WITH PINCH-BAR.
Kwabena Yeboah 8 years ago

Who should better know the figures than the Governor of the central bank? But then, the incompetent Wampah is a drowning man and fighting hard to hold on to the last straw. I will be a fool to put my faith in the Opposition w ...
read full comment

Who should better know the figures than the Governor of the central bank? But then, the incompetent Wampah is a drowning man and fighting hard to hold on to the last straw. I will be a fool to put my faith in the Opposition who has lost all credibility in my view, and will say anything to win votes.

Our democracy is a complete farce. First of all, we install incompetent individuals in positions of trust - I mean in sensitive positions that have direct impact on our lives. As governor of the central bank, Mr. Wampah's predominant mandate is to use all the available tools granted to him by the constitution to stabilize the cedi. In other words, Mr. Wampah is in charge of our country's monetary policy - how much inflation he should allow in the system not to affect the stability of the cedi by using M1 and M2 tools if necessary. Many central bank governors, including Wampah become advisers to the government in fiscal policy - all with a goal of taming inflation and stabilizing the currency.

Being that Wampah's overriding mandate to tame inflation and stabilize the cedi, he is the person the government looks to for advice. Even though the government's fiscal policy is not his domain, that is for the Ministry of Finance, Wampah must be ready to caution Seth Terkper and the Ministry of Finance if Terkper's fiscal policy tends to undermine Wampah's monetary policy. Amon Nikoi, Ashiabor and others fought the government of the day for their bad fiscal policies.

Wampah has presided over tumultuous period in the life of the cedi. In concert with the man who wants to be vice president, Bawumia, they disastrously pegged the cedi to the dollar in the 2007 redenomination of the cedi, and since then the cedi has never been the same. Despite clandestinely propping up the wobbly cedi by selling millions of our $ reserves, with the intervention of IMF bailout, the cedi has become Africa's worst performing currency under Wampah.

The question now is not when, but how soon he must leave his post.
Amanaman 8 years ago

Assibey too must say something to make his masters happy.

Assibey too must say something to make his masters happy.
NOBODY 8 years ago

"Is shameful for the governor to be quoting our debt stock in dollars" Assibey Yeboah

It's even more shameful to learn that under President Kufor's NPP administration, the NPP administration was paying some of its high-le ...
read full comment

"Is shameful for the governor to be quoting our debt stock in dollars" Assibey Yeboah

It's even more shameful to learn that under President Kufor's NPP administration, the NPP administration was paying some of its high-level government executives in dollars. So much for NPP hypocrisy.

Wampah massaging figures to please his paymasters – Assibey Yeboah

Read Comments .st0{display:none;fill:#14BDD3;} .st1{display:none;} .st2{display:inline;fill:#FC0F0F;} .st3{display:inline;fill:#FFFFFF;} .st4{display:inline;fill:none;stroke:#000000;stroke-width:6;stroke-miterlimit:10;} Comments (15)

Read Comments Comments (15)