Cedi stability is hinged on a reduction in deficit - Economist

Read Comments Comments (8)

• Sam Job 9 years ago

  Spending loan money on luxury cars and expecting IMF to stabilize your currency for you.
  Mrs IMF drives a fiat in France if you don't know. she works hard for her Name .

  Spending loan money on luxury cars and expecting IMF to stabilize your currency for you.
  Mrs IMF drives a fiat in France if you don't know. she works hard for her Name .

  reply
• GBEWAA 9 years ago

  INSTAED OF SAYING CEDI STABILITY IS HINGED ON REDUCTION OF GOVERNMENT SPENDING AND PROFLIGACY, JUST LISTEN TO WHAT THIS KWASIA IS SAYING!

  INSTAED OF SAYING CEDI STABILITY IS HINGED ON REDUCTION OF GOVERNMENT SPENDING AND PROFLIGACY, JUST LISTEN TO WHAT THIS KWASIA IS SAYING!

  reply
• BEWAA 9 years ago

  INSTEAD OF SAYING CEDI STABILITY IS HINGED ON REDUCTION OF GOVERNMENT SPENDING AND PROFLIGACY, JUST LISTEN TO WHAT THIS KWASIA IS SAYING!

  INSTEAD OF SAYING CEDI STABILITY IS HINGED ON REDUCTION OF GOVERNMENT SPENDING AND PROFLIGACY, JUST LISTEN TO WHAT THIS KWASIA IS SAYING!

  reply
• Paa Joe 9 years ago

  WHAT KIND OF COMPETITIVE ECONOMY IS THIS FOLK TALKING ABOUT.
  
  HAS THE NATION AND INDUSTRIAL BASE,IN THE MANUFACTURING,PROCESSING, PRODUCT DEVELOPMENT AND WITH INDUSTRIAL OUTPUT TO THE POINT OF SALE.
  
  IF THE NATION WILL HA ...
  read full comment

  WHAT KIND OF COMPETITIVE ECONOMY IS THIS FOLK TALKING ABOUT.
  
  HAS THE NATION AND INDUSTRIAL BASE,IN THE MANUFACTURING,PROCESSING, PRODUCT DEVELOPMENT AND WITH INDUSTRIAL OUTPUT TO THE POINT OF SALE.
  
  IF THE NATION WILL HAVE PRACTICAL PROFESSIONAL SKILLED ECONOMISTS, THE WE WOULD'T HAVE GONE TO THE IMF AND WORLD BANK FOR BAILOUT.
  
  ONLY SCIENTIFIC ENQUIRY AND CREATIVITY SHALL WE BE IN THE POSITION TO TRANSFORM THE NATION TO PROSPERITY.
  
  DO WE REALLY NEED ECONOMISTS, WHEN THE NATIONS COCOA FARMERS CONTINUE TO EARN GHANA'S HARD CURRENCY TO SERRVICE NATIONAL BUDGETS, WAGES AND SALARIES,IMPORTATION OF COMMODITIES AND EXPENSIVE LUXURY CARS AND JEEPS FOR USE BY UNPRODUCTIVE EDUCATED PEOPLE FOR HONEYMOON, MERRYMAKING, HIGHLIFE AND FUNERAL.

  reply
• John Inusa M 9 years ago

  I don't think Dr Layea is a fool. He does not want Ofosu Kwakye to insult him.
  
  He should have said to President Mahama, please you and your appointees must stop stealing state money.
  
  This is Ghana where a chairman and M ...
  read full comment

  I don't think Dr Layea is a fool. He does not want Ofosu Kwakye to insult him.
  
  He should have said to President Mahama, please you and your appointees must stop stealing state money.
  
  This is Ghana where a chairman and M.D. of Metro Mass Transport can steal so heavy they both think they and their families will never know poverty.
  
  This is Ghana where the president and his brothers have so much money that they say they own a private jet. Ghana where the president's wife goes abroad with $1,000,000 in her bag.
  
  All government appointees are stealing left, right and centre. So John Mahama who says people with excess cedis have converted them to foreign currency and who himself is doing it, has lost all moral authority to sanction the thieves.
  
  the Cedi has no chance. The assault is too heavy and deadly. They have not stopped stealing.

  reply
• Kobby 9 years ago

  To stabilize the Cedis support it with our natural resources like Gold and diamonds as the developed countries do . America , European Union, Canada and Japan all these countries support their currencies with the heap of Gold ...
  read full comment

  To stabilize the Cedis support it with our natural resources like Gold and diamonds as the developed countries do . America , European Union, Canada and Japan all these countries support their currencies with the heap of Gold bars they have in their central banks .

  reply
• Saint Ghfuo: nyantakyi must GO! 9 years ago

  IS THE SOLE REASON FOR THE CEDI'S INSTABILITY....THE CORRUPTION IS TOO DAMN HIGH...

  IS THE SOLE REASON FOR THE CEDI'S INSTABILITY....THE CORRUPTION IS TOO DAMN HIGH...

  reply
• Mars1 9 years ago

  WOW this is brilliant and indeed original, Economics 101. What is this, talking to children or are we all nil in economics!Please stop being condescending to Ghanaians.

  WOW this is brilliant and indeed original, Economics 101. What is this, talking to children or are we all nil in economics!Please stop being condescending to Ghanaians.

  reply