That is what gives rise to the frailty or our currency,” Nana Akufo-Addo said. He said for Nana Akufo-Addo to say “…more imports than exports depreciates a country’s currency, is a text book elementary knowledge”. In his view, advocating a public discourse for the resolution of the fast depreciating currency “is anti-thesis to the idea of political trusteeship”. “How many citizens understand the causes of the depreciation challenges?” he asked, indicating that such public discourse may “potentially pander to ignorance” as not too many people know the intricacies of the cedi depreciation. So, public discourse, though an important ingredient of democracy, is certainly not the best option in resolving this technical issue,” he held.
Source: GhanaWeb March 20, 2019 16:52 UTC