Bawumia To Speak On The State Of The Economy

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The Vice President and head of Ghana’s economic management team, Dr. Mahamudu Bawumia, will answer questions relating to the state of Ghana’s economy at a town hall meeting slated for April 3, 2019 at the College of Physicians and Health Sciences in Accra.

The town hall meeting, which is aimed at briefing Ghanaians about developments in Ghana, forms part of a new initiative announced by the Information Ministry on Wednesday, March 20, this year.

The Cedi until Thursday, March 14 had fallen deeply against international currencies especially the dollar, by some 5 per cent trading at around GH¢5.90.

It has, however, begun to record some marginal appreciation against the dollar closing at around GH¢5.56 against the dollar on March 15, 2019 – a development which is largely due to the injection of dollar cash by the Bank of Ghana last week.

This has raised myriad concerns among citizens and some economic analyst.

Meanwhile, the president has expressed concerns about the cedi and it effect on the economy, hinting that “the public discourse on the cedi must focus on some of the structural problems involved in the currency of the country.

“The are structural problems that are not been articulated loudly enough” President Akufo Addo said.

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