Comment: RE: When will Bawumia answer his own 170 questions

2018-09-12 13:57:59

You have proven beyond doubt that the NDC yaaboosaks don't have a clue about economic management.

Exchange rate stability is the desired goal for all economic management gurus. To achieve a stable rate when your currency is not fixed, you have to go through a process of slowing down the rate of depreciation which is achieved with a strengthening of the economic fundamentals.

By your own statistics, the rate of depreciation during the incompetent Mahama years speaks for itself as follows;

2012 - 2013 = 16%
2013 - 2014 = 48%
2014 - 2015 = 18% (IMF taking control of the economy)
2015 - 2016 = 10%
2016 - 2017 = 6%
2017 - 2018 =

So as you see above the rate of depreciation is trending in the right direction and by the time the laudable Bawumia policies start to take effect, (nominally 2.5years) we shall be in the promised land.

Sit back and see how it is done. Stop ejaculating all over the place
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Okatakyie. on 09-12 13:57
RE: When will Bawumia answer his own 170 questions