General News of Friday, 29 March 2019Source: 3news.comBlame politicians for the cedi depreciation – Fiifi KweteyFiifi KweteyA former Deputy Finance Minister and Member of Parliament for Ketu South, Fiifi Kwetey, says politicians must be blamed for the depreciation of the cedi and not the central bank. Fiifi Kwetey said “if politicians are quick to take the credit when the cedi is performing better, then they must take the blame when the cedi depreciates, not the central bank. Fiifi Kwetey who was also a Minister of Agriculture under John Mahama wants government to begin implementing policies to address the cedi depreciation in medium to long term. The former AGI president stressed on the need for a balance between inflation and depreciation of the cedi. Meanwhile, an international economist, Kwame Pianim is urging Ghanaians to restructure the economy to save the cedi from further depreciation.
Source: GhanaWeb March 29, 2019 11:01 UTC