Stabilising the cedi should not come at the expense of workers

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Sam 1 month ago

Great insight

Great insight
KY 1 month ago

Interesting! You write this long thesis anchored on Bretton Wood economics theory that has never work for Ghana and the Africa as a whole. Is dollar legal tender in Ghana? Why must we keep it as reserve when we can use gold i ...
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Interesting! You write this long thesis anchored on Bretton Wood economics theory that has never work for Ghana and the Africa as a whole. Is dollar legal tender in Ghana? Why must we keep it as reserve when we can use gold instead? The dollar govt injects into the economy didn’t he exchange it with cedis from the public? Can’t the cedis received use to build schools, hospitals and other infrastructure by using a local contractors that will receive their payment in Cedis? Please stop this brain washed, whatever the BoG is doing is working allow them to keep up
Christian 1 month ago

Exactly the point.
I don't know what is wrong with these NPP textbooks so-called economists.
They are just behaving like some women who will buy cloths and keep them in their trunks while going round with tattered dresses.

Exactly the point.
I don't know what is wrong with these NPP textbooks so-called economists.
They are just behaving like some women who will buy cloths and keep them in their trunks while going round with tattered dresses.
Bis 1 month ago

How can a sane person have issues with the stabilisation of their own currency. Whatever the NDC government is doing to stabilize the currency is obviously in the right direction. Keep up with the good work, Bank of Ghana a ...
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How can a sane person have issues with the stabilisation of their own currency. Whatever the NDC government is doing to stabilize the currency is obviously in the right direction. Keep up with the good work, Bank of Ghana and don't allow detractors get in the way of your mandate.
Christian 1 month ago

I shok sef that these nation wreckers are worried because the Cedi is doing well.
The fact is they are not borrowing to inject in the forex market so what's their problem.
This can be witchcraft or nothing

I shok sef that these nation wreckers are worried because the Cedi is doing well.
The fact is they are not borrowing to inject in the forex market so what's their problem.
This can be witchcraft or nothing
Bonus Baba 1 month ago

Very ,very true and important. This should be the basics for the 2 million PHD holders in the NDC Party. Ghanaians need the basic standard of living, good health care, healthy transportation system, affordable housing, ...
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Very ,very true and important. This should be the basics for the 2 million PHD holders in the NDC Party. Ghanaians need the basic standard of living, good health care, healthy transportation system, affordable housing, jobs,good education ,just to mention the few. Do not waste our natural resources trying to match any currency. Is the NDC not following what Burkina Traore,a young dude with just a bachelor's degree is doing?
Christian 1 month ago

You these NPP bigots and empty brains should just keep quiet and let better brains run the country for us.
You meant the natural resources exploration just started under NDC huh? What a warped argument!
Your Bawuliar's usel ...
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You these NPP bigots and empty brains should just keep quiet and let better brains run the country for us.
You meant the natural resources exploration just started under NDC huh? What a warped argument!
Your Bawuliar's useless gold for oil program which cost this country is not natural resources but artificial resources huh.
Park somewhere kraa.
Eric Moses Opoku 1 month ago

Until Ghana can be a hub for manufacturing industrial scale exporting goods, the cedi can never be stabilised.Ghana is heavily dependent on foreign imported goods which makes it impossible to stabilise the cedi. Ghana should ...
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Until Ghana can be a hub for manufacturing industrial scale exporting goods, the cedi can never be stabilised.Ghana is heavily dependent on foreign imported goods which makes it impossible to stabilise the cedi. Ghana should be an export driven economy,patronise locally manufactured goods before the cedi can be stabilised.An example is China,a few years back, living standards of Ghanaians used to be higher than them.Since China embarked on export driven economy they've become an envy of the western world.Today the Chinese economy has expanded rapidly that within a few years they will surpass the American economy.
Simon 1 month ago

Reading ur write up, I am tempted to believe that you don't understand the money pumped into the fx market.
This is the question I want you to answer,
Is that money an expenditure to the bank and Ghana Government?
How is ...
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Reading ur write up, I am tempted to believe that you don't understand the money pumped into the fx market.
This is the question I want you to answer,
Is that money an expenditure to the bank and Ghana Government?
How is fx intervention directly affecting our workers if the money pumped in is not expenditure?
As for it sustainability, I think it is possible because Ghana has been mining since colonial era and we still have resources under the ground. As far as we continue to earn fx, we should not just hide it in the central bank but rather let it circulate to ease pressure on the local currency... it is better this way than politicians putting it in their foreign accounts only to run away and enjoy it after loosing power
Thomas 1 month ago

Am surprise at which people are saying too much about how stable our economy is, not long ago NPP said it was their are initiative that has yeilded this positive result, How can't we admit this current government is doing thi ...
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Am surprise at which people are saying too much about how stable our economy is, not long ago NPP said it was their are initiative that has yeilded this positive result, How can't we admit this current government is doing things right , Bank of Ghana printed money under NPP, they injected a lot in to the forex yet it yeilded no positive result, whatever the current government will do to stabilize the cedis we support it
Y2K 1 month ago

Enemies of progress. How can stabilisation of a country's national currency be a bad thing? This are some of the people that don't want the country to move forward. I never saw any write-up when the economy was being massivel ...
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Enemies of progress. How can stabilisation of a country's national currency be a bad thing? This are some of the people that don't want the country to move forward. I never saw any write-up when the economy was being massively run down. I hope you have not been paid by agents, within and without, hoping to see Ghana fail.

The stabilisation of the cedi has brought relief across board - Transport fares, lower fuel prices, improved affordability of goods and services, reduction in national debt stock and more.

We need to stop talking about "how sustainable is the cedi stabilisation efforts" and start thinking about "how can we continue to sustain and improve the cedi stabilisation efforts." It is almost like certain forces within the country want us to fail and take pleasure in discrediting anything that is helping the general populace of Ghana. And by the way, no more dollarisation of the economy. Ghana First!
Christian 1 month ago

Oh yeah. They want this country to fail but they will be shamed one by one.

Oh yeah. They want this country to fail but they will be shamed one by one.

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Stabilising the cedi should not come at the expense of workers

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