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Ghanaians were itchy to hear your stance on Cedi depreciation; Not tauting Achievements-Hon. Ablakwa to President


Ghanaians were Itchy to know your Stance on Cedi Depreciation; Not tauting Achievements-Hon. Ablakwa to President

The Member of Parliament for North Tongu Constituency Hon. Samuel Okudzeto Ablakwa, in an interview with http://www.newslinegh.com, has accused the President Nana Addo Dankwa Akufo-Addo, of tauting achievements in his delivery rather than touching on relevant area like the depreciation of the cedi, which he believed most Ghanaians were also itchy to hear from the President.

According to Hon. Ablakwa, Ghanaians are feeling the harsh reality of the depreciation of the cedi, since it affects every aspect of the economy.

“The cedi is now ranked amongst the worst currencies in the world, which is a big issue for the country and we just can’t omit it. We can’t just keep silent about it”. He lamented.

The North Tongu Legislator also accused the President of not being candid to Ghanaians and did not paint the true state of the nation, as required on article 67 of the constitution.

“The president was not very candid, he was not thorough, he was not exhaustive and he did not paint the true state of the nation, as required on article 67 of the constitution.

The president went on and on about the economy, touching on virtually every indicator, except the exchange rate”. He averred.

Talk of GDP and single digit inflation, he cited the NDC as best managers of the economy in that regard.

He indicated that the NDC had the highest record of 14% GDP rate and the longest sustained single digit inflation, which Ghanaians are witnesses to the NPP government’s position at the time NDC was in office, with these track records.

During the NDC administration, according to him, this government gave much priority to the exchange rate than any other aspect of the economy, and quoting Dr. Bawumia verbatim that “if the fundamentals are weak, the exchange rate will expose you”

“Now Dr. Bawumia is the Chairman of the Economics Management Team, what is happening? What is he doing about the exchange rate? Hon. Ablakwa questioned.

The lawmaker said the only way government can explain the president’s refusal to speak to the exchange rate issue is either the government has given up and has no solution,  or they just want to be insincere and not to be forthright and candid with Ghanaians.

Source: Blessing Roselyn Boateng/Editor/Newslinegh.com

 

Exclusively Newslinegh 

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