'The fundamentals are weak, Bawumia is right' – KSM

Satirist Kwaku Sintim-Misa (KSM) has observed that Ghana has weak economic fundamentals.

He said he could not agree more with the assertion by Vice-President Dr Mahamudu Bawumia, who hammered on that while he was the running mate of the governing New Patriotic Party’s flag bearer Nana Akufo-Addo ahead of the 2016 general elections.

Dr Bawumia, at the time, said: “If the fundamentals are weak, the exchange rate will expose you”.

KSM said Dr Bawumia was wrong to have treated the cedi depreciation as an NDC problem, when, indeed, it was affecting all Ghanaians.

Dr Bawumia has come under criticism for failing to stabilise the cedi as he promised to do when he was in opposition.

In a tweet, KSM said: “When the fundamentals are weak, the exchange rate will expose you. I agree 100% with Bawumia. His mistake was to treat this as an NDC problem instead of a NATIONAL crisis. As a nation we have WEAK economic fundamentals and the Cedi free fall will not stop now”.

“When the fundamentals are weak, the exchange rate will expose you. “I agree 100% with Bawumiah. His mistake was to treat this as an NDC problem instead of a NATIONAL crisis. As a nation we have WEAK economic fundamentals and the Cedi free fall will not stop now????

“When the fundamentals are weak, the exchange rate will expose you. “ I agree 100% with Bawumiah. His mistake was to treat this as an NDC problem instead of a NATIONAL crisis. As a nation we have WEAK economic fundamentals and the Cedi free fall will not stop now????

— Kwaku Sintim-Misa (@KSM_Kwaku_Misa) January 22, 2020