Former Deputy Minister of information, Felix Kwakye Ofosu has taken a swipe at the ruling New patriotic Party (NPP) describing them because the “worst managers of the economy since the appearance of the Fourth Republic”.
According to him, if the NPP had smart economic Managers, the cedi that continues to depreciate would have shot up by currently.
The cedi has depreciated against the US dollar from GHc 4.8 to over GHc 5.7 since the start of the year sparking concern in the profession, each domestically and internationally.
Finance Minister, Ken Ofori-Atta announcing government’s short term intervention to save the cedi aforesaid “we are going after; $300 million, $600 million and another $750 million and three billion and [I think] we should always be okay. and every one of this could happen inside the following 2 just about weeks.”
Speaking to this during a panel discussion on Adom TV’s ‘Badwam’ program, Tuesday, Felix Ofosu Kwakye aforesaid government is ‘deceiving’ Ghanaians which the short term measures won’t solve the particular reason for the depreciation.
According to him, “it isn’t true the cedi is gaining weight . . . they’re not being truthful to Ghanaians . . . the economy is in tatters; nothing is functioning . . . they’re simply giving us false hope . . . if they claim some cash is coming back to increase the cedi, they’re deceiving you . . . the truth on the bottom is different….”
He more asked the NPP who praised themselves as economic gurus to “admit and settle for that they need failed; they claimed they had economic Managers . . . they need brought much hardship upon Ghanaians.. they ought to be truthful to Ghanaians in order that visiting} apprehend what to do; as a result of it’s going to get tougher”.
However, the NPP National Youth Organizer, Henry Nana Boakye, popularly called Nana B disagreed.
He aforesaid although he’s not proud of the depreciation of the cedi, once it involves economic Managers, “NPP are higher managers of the economy” than the NDC.
Meanwhile, Nana B is assured with the measures government is setting up place, the cedi can appreciate shortly.