Communications Director for the opposition New Patriotic Party (NPP), Richard Ahiagbah, has asked the governing National Democratic Congress to fashion out sustainable ways to keep the cedi’s strength.
He holds the view that the current gains being made by the cedi is a result of the work done by the erstwhile Nana Addo Dankwa Akufo-Addo, Bawumia government.
Therefore, there will be a need for other sustainable measures to ensure that the cedi’s strength is maintained.
He argues that the current government should avoid taking credit for the gains made by the cedi.
Making this position known in a tweet on X he said “The NDC and government communications are trying to take credit for the Cedi’s performance, but it’s not working despite the deployment of their favorite Professors, PhDs, and industry affiliates.
The Cedi’s current performance is in part due to the Akufo-Addo-Bawumia Administration’s gold for reserve program, and other external factors such as commodity price increases for gold and others, the non-servicing of government debt owing to the external DDEP, non-payment of contractors, and the US trade war and such. The government must get serious, stop the gimmickry, and implement policies to sustain the appreciation of the Cedi”.
