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Weak Fundamentals Risks Exchange Rate Exposure! Bawumia Was Right, But.... - KSM   
 
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25-Jan-2020  
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Veteran comedian, Kwaku Sintim-Misa [KSM] says Ghana’s economy will continue to be weak if our fundamentals are not strong enough.

In a series of tweets, KSM agreed with Vice President Dr Mahamudu Bawumia's earlier assertion whiles in opposition that - the exchange rate will expose governments when the fundamentals are weak.

He, however, chided for attempting to "treat" as an "NDC problem instead of a NATIONAL crisis" by politicizing the issue then to win the hearts of the electorates.

When the fundamentals are weak, the exchange rate will expose you. I agree 100% with Bawumia. His mistake was to treat this as an NDC problem instead of a NATIONAL crisis. As a nation we have WEAK economic fundamentals and the Cedi free fall will not stop now,” he tweeted. 

Dr Bawumia has come under criticisms for failing to stabilise the cedi as he promised the NPP will do when the party was in opposition.
 
 
Source: King Edward Ambrose Washman Addo/peacefmonline.com/ghana
 
 

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