Why Celebrate When The Cedi Is Still Not Doing Well - Kabila Queries

A member of the Convention People's Party (CPP), James Kwabena Bomfeh, popularly known as Kabila has joined some political pundits who are criticising the Finance Ministry for organising a party in celebration of an 'economic hat-trick'

According to Kabila, per his checks the cedi is still not doing well and so 'I don't know what they are celebrating'.

Kabila was contributing to a panel discussion on Peace FM's morning show 'Kokrokoo', Monday.

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"Economic Hat-trick"

Ghana’s Finance Ministry on Friday organized a food party in the capital Accra to celebrate what it describes as significant economic successes.

A poster announcing the event dubbed “Kenkey Party”, said the Ministry was celebrating “Ghana’s Hat-Trick” of successes.

Those successes include "successful issuance of Eurobond" abroad raising some $3 billion for various projects.

The country’s “completion of IMF-ECF program” and the slight "appreciation of the national currency the cedi, were also reasons for the celebration.

But many have criticized the event as unnecessary.