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Bawumia to speak on state of the economy in April

Bawumia to speak on state of the economy in April

The Vice President, Dr. Mahamudu Bawumia, will speak on the state of Ghana’s economy in April.

Dr. Bawumia’s impending public forum was disclosed by his spokesperson, Dr. Gideon Boako on Asempa FM’s ‘Ekosii Sen’ programme on Tuesday, March 22.

This follows increasing calls on the Vice President, Dr. Bawumia to address the nation amid the crumbling Ghanaian economy, characterised by constant furl price hikes, the depreciation of the Cedi and increasing cost of goods and services.

Dr. Boako noted that “the Vice President, Dr. Mahamudu Bawumia, will speak next month, in April 2022, also at a platform somewhere in Cape Coast, for you to see that the Government has rolled out a plan to deal with the issues.”

Dr. Boako further rubbished claims that Dr. Bawumia is shying away from addressing the current challenges plaguing the country, particularly the depreciation of the cedi against the US dollar.

Prior to assuming office, the Vice President had touted his economic management prowess and how he would “arrest” the cedi and prevent further depreciation.

According to critics, especially members of the opposition National Democratic Congress, Dr. Bawumia has failed Ghanaians as one now needs over seven Ghana cedis in exchange for a dollar.

Prior to the COVID-19 pandemic in 2020, the Ghanaian economy was making god strides and earning positive ratings from global economic watchers.

But since the pandemic, and n0w coupled with the ongoing Russia-Ukraine crisis, global economic situations are worsening and Ghana is bearing the brunt, like most developing countries, especially.

 

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