Managing Editor of the Insight newspaper, Kwesi Pratt Jnr, has shaded Vice President Mahamudu Bawumia for his inability to keep the cedi ‘locked down in prison’ permanently.
This follows a Forex Committee that has been formed by government to deal with the depreciation of the cedi.
The Committee, which is headed by Finance Minister Ken Ofori-Atta, is to review the current Forex (FX) regime, offer workable alternatives by way of policy interventions and save the cedi from a free fall.
The membership of the committee is drawn from the Bank of Ghana, Agriculture Ministry, Ghana Union of Traders Association (GUTA), Association of Ghana Industries, some universal banks among other key stakeholders.
But critics have concluded that the desperate situation necessitating the committee's formation has exposed the double standards of the Akufo-Addo administration when Dr Bawumia made the popular statement that "if the fundamentals are weak, the exchange rate will expose you".
The current Vice-President made the infamous statement prior to the 2016 election when he was taking a jab at what he described as the economic mismanagement of the erstwhile administration of then President John Dramani Mahama.
Contributing to Peace FM's morning show ‘Kokrokoo’, Kwesi Pratt said "Ghanaians want the cedi to be stabilized” adding rather sardonically that, “the cedi has run away from Bawumia; the cedi was stronger than Bawumia so it pushed him aside and escaped. The cedi over-powered the vice president and because of that they've had to call on stronger men to arrest it . . . now we have 40 stronger people to arrest the cedi since Bawumia was not able to do it.”
Source: Rebecca Addo Tetteh/Peacefmonline.com
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MASA KWASI YOU CAN LAUGH, NOBODY CARES, EVEN YOUR J MAHAMA CANT SOLVE THE CEDI PROBLEM IN GHANA NOW, IF YOU TAKE GHANA TO IMF, YOU THINK GHANA WILL CHANGE WITH IN 3 YEARS.
This NDC man who pretendss to be a CPP member. Like his NDC party members, he has lost all his sense of shame.
kwatitoo pratt
Kwasi pratt is just a nation wrecker? Has he done the math to compare the rate to that of his incompetent NDC government?
Sometimes i wonder ohh Have we checked the rate of depreciation and compared it to the past? Please spare us your ignorance Mr PRATT
Please, Kwesi Pratt is right oooo unless you are a ***barred word***-dog not to understand him. Kwesi Pratt is not Like Kweku Baako who always spit and take it back by with his tongue and swallow it oooooooo, period
KWASI YOU ARE DARING INTO AN AREA THAT YOU THE LEAST EDUCATED ON. YOU HAVE NO KNOWLEDGE ABOUT MANAGING AN ECONOMY SO SHUT YOUR BIG MOUTH. HAVE YOU DONE A TREND ANALYSIS OF THE DEPRECIATION OF THE CEDI SINCE 1992? THIS GOVERNMENTS PERFORMANCE IS THE BEST SO FAR IN THIS HISTORY OF THE 4TH REPUBLIC.I PITY SOME OF YOU WHO EXPOSE YOURSELF TO RIDICULE, BECAUSE YOU HAVE SHALLOW KNOWLEDGE ABOUT THINGS SOMETIMES YOU DISCUSS OF TV. DO A PROPER CHECK ON THE PERFORMANCE OF THE CEDI FROM 1992 TO DATE AND SEE WHO HAS FAILED. ABA GHANA, WHEN A GOVERNMENT WENT ON ITS KNEES TO THE IMF TO BAIL THEM OUT BECAUSE THEY DIDN'T HAVE THE BRAINS TO MANAGE THE ECONOMY YOU COMPARE THEM TO THOSE WHO HAVE MOVED THIS COUNTRY OUT OF THE SHACKLES OF IMF. COME AGAIN KWASI KNOW ALL.