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Saturday, October 23, 2021

Exchange Rate Will Expose You When You Manage The Economy With Text Books – Dr. Bawumia Fired


A Communication team member of the opposition National Democratic Congress [NDC] in the Ashanti Region, Kwaku Asafo Agyei has described members of the ruling New Patriotic Party [NPP] as liars.

According to him, the fiscal stature of the Ghanaian economy tells the caliber of leaders we have voted into power.

“This shows their words during the 2016 general elections especially their promises were just talks to win power, but not critically analyzed to be implemented when they are voted for,” he said.

Speaking to UTV’s late news bulletin on former President Mahama’s call for a stakeholder forum to save the economy, the NDC communicator said that will be the best decision to hold the leaking and hard economic conditions instituted by President Akufo-Addo and his most intelligent Vice-President, Dr. Mahamudu Bawumia.

He mentioned that his advice to Dr. Bawumia who believes himself to be the best economist is to put proper structures in place to stabilize the economic conditions than wanting to use approaches in text books to manage the economy.

“Indeed text book theory used by the Vice-President on economic analysis is totally different from the actual practicalities on the ground . . . I am also telling him today that he can also engage in making all the noise and lectures, but the exchange rate will expose him if he manages the economy with text books knowledge,” he said on UTV.

Source: Elizabeth Semiheva Bedi/Peacefmonline.com

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