cedi stabilization

Cedi Depreciation Has Been Lower Under NPP Govt – Bawumia

Cedi Depreciation Has Been Lower Under NPP Govt – Bawumia

Flagbearer of the New Patriotic Party, (NPP), Dr Mahamudu Bawumia says the current value of the cedi against the dollar is an improvement compared to the cedi’s value under the NDC government. According to him, under the leadership of President Akufo-Addo, the cedi has shown resilience, despite facing global economic challenges. In an interview with AfricaWatch, Dr Bawumia said the currency’s depreciation has been sustainable, contrasting it with the NDC administration’s performance in this regard. “Why not? We use averages to measure progress in statistics and economics all the time. It is a valid comparison of the management of the…
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