General News of Friday, 29 March 2019Source: Graphic.com.ghMinority to support government check cedi depreciationHaruna Iddrisu, Minority LeaderThe Minority in Parliament has indicated its readiness to serve on the government's proposed bipartisan committee to address the structural causes of the depreciation of the cedi. The Minority members led by their leader, Mr Haruna Iddrisu, said they would serve on the committee in the interest of the larger population to arrest the depreciation of the cedi. Regarding the constitution of the proposed bipartisan committee, Mr Iddrisu said "We will be happy to nominate Mr Cassiel Ato Forson and Mr Isaac Adongo to serve on it." Cedi depreciationOn the cedi’s depreciation, Mr Iddrisu said Bloomberg reported that as of the end of February, 2019, the cedi was the weakest currency in Sub Saharan Africa. Mr Iddrisu said the depreciation of the cedi would not end until the country expanded its export base and increased exports.

Source: GhanaWeb March 29, 2019 09:45 UTC