Ghana’s EMT has lost it, how can the currencies of war-ravaged countries be stronger than the cedi-A-plus

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Musician and self-styled anti-corruption campaigner, Kwame Asare Obeng popularly known as A-Plus has once again lampooned and berated the ruling New Patriotic Party and government for what he says is the poor management of the economy.

In his estimation, the Economic Management Team (EMT) and government has showed crass incompetence in managing the local currency, the Cedi.

The free fall of the local currency has been a very topical issue for some time now with predictions by some financial, economic and political analysts that it will hit 6 Ghana Cedis to a Dollar by mid-year.

It has been described as the cheapest currency on the African continent presently.

A-Plus seems to agree with this school of thought and took to his Facebook Page to share his frustrations on the issue.

‘’How can you run an economy in a continent which has many war torn and some of the poorest countries in the world like Somalia, Democratic Republic of Congo, Burundi, Liberia, Niger, Malawi, Mozambique, Eritrea, Madagascar, Chad, South Sudan, Central African Republic, Niger and yet your currency is the cheapest’’ he wrote.

Read his post below.

 

Source: BestNewsGH.com

 


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Kennedy Mornah is an Award Winning Ghanaian Journalist with over two decades of experience in the Ghanaian Media landscape spanning the electronic, print and digital media. He is a Media Consultant, a Corporate MC, Radio and TV Host, Founder and Publisher of the Maritime and Transport Digest Newspaper, Businessman, a Go getter and an optimist. He has worked for renowned media organizations including Diamond Fm in Tamale, Luv Fm in Kumasi, Oman Fm in Accra and Starr Fm in Accra In 2017 he received the Reporter of the Year Award at the Ghana Shippers Awards in Accra, Ghana.

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