07
Apr
Cedi More Stable Under Akufo-addo Than Mahama- Bawumia The Vice-President, Dr Mahamudu Bawumia has said that the worst performance of the Ghana cedi occurred in the erstwhile former President John Mahama’s administration where the average depreciation rate was 18%. According to him, the “average exchange rate depreciation during 2017-2021, at 6.8% under our government, is more than twice as stable than during the 2013-2016 period.” Speaking on the state of the economy at the national TESCON conference in Kasoa on Thursday (7 April), Dr Bawumia said in the history of the Fourth Republic, the worst performances for exchange rate…