You are here: HomeBusiness2018 07 17Article 669562

General News of Tuesday, 17 July 2018

Source: adomonline.com

Ghana’s cedi is 'mad' – Allotey Jacobs

The Central Regional Chairman of the opposition National Democratic Congress (NDC) has described the cedi as ‘mentally deranged’.

According to Bernard Allotey Jacobs, the rapid depreciation of the cedi is collapsing businesses in the country.

“Ghana’s cedi is mad and needs to be checked at the ‘hospital’ because the depreciation of the cedi is really crippling businesses in the country,” he said on Adom TV’s Morning Show “Badwam” on Tuesday.

Allotey Jacobs said the economy has grown from bad to worse thus charged government to urgently arrest the rapid depreciation of the cedi to make the campaign for businesses workable.

Conceding that Ghana’s economy is in crisis, the NDC man called for a non-partisan approach to save the economy from collapse.

According to Allotey Jacobs, it is incumbent on Ghanaians to rise up in 2020 and help the NDC rebuild a country.