Hadji Mustaphar writes…
The rate at which the dollar is flying and economic hardship all over the place is leading to the fact that the dollar will hit GHC140 to a dollar even before Ghanaians go to the polls in 2024.
Before assuming power both candidates, Nana Addo and Dr. Bawumia heavily made noise about the continues halting depreciation of the Cedi as against some major trading currencies in the world , which to some extent weakened investor confidence in the country.
Though some financial analyst at the period between 2012 and 2016 disagreed with the NPP party at the time and alluded challenges and difficulties to doing business in world. The NPP and their appendages rejected such explanations and chastise former Finance Minister Seth Terkpe and former President John Dramami Mahama, and his cabinet for masterminding managerial inefficiency in the governance structure of the country resulting in the depleting strength in the local currency and exchange rate at the forex.
It is sad to see how a rather potent system is currently gasping for breath under this incompetent and morally weak administration by the NPP and President Nana Addo.
After 6 years in power the dollar to cedi strength is nothing to write home about.
The much touted economic management team, has some how been expose and the finance Minister Ken Ofori Atta seem to be living in oblivion.
Prices of goods and services have shot up by a thousand percentage (1000%) with fuel products being the most hit in record time in the country.
Vice President Dr Alhaji Mahmoud Bawumia, who claimed to have the magic wand and could even lock the dollar and hand over the keys to the Inspector General of Police (IGP) is no long in charge of the falling and ailing economy due to the unnecessary ecesary projections he revealed through the numerous Public Lectures he had prior and in government.
Recently the Vice President, has assumed the role of an IT specialist and galavanting at some premium tertiary institutions and engaging students on digital presentation about the economy.
For me this is the most clueless and satiric Government that I have ever seen as a person in the country.
It has become very obvious that, the vice President has lost touch on the ground and allies of President has expose his weaknesses to the NPP members and gradually portraying himself as the most incompetent public personality ever.
Dr. Mahmoud Bawumia has set out to lead a drive on digitization and digitalization agenda to rebrand the country’s competitive mover advantage in ICT, and ease if doing business in the digital market.
He recently stated that, he is not shying away from Economic pursuit contrary to what, his detractors want others to believe.
The economic indicators is not showing a positive outlook going into the 3rd and 4th Quarters of 2022.
I will like to call on the Veep President eat humble pie and call on stakeholders within the economic front to brainstorm on the falling state and poor methodologies required to turn the fortune of the country around before the country sinks deeper and results in the coming days if care is not taken could be disastrous.
✍Hon Hadji Mustaphar
Member NDC Communication Office, Dome Kwabenya Constituency.
0248003664/0505759315
Communication Director Hopeful.
