Skip to main content

A Letter to Dr. Bawumia: We need update on the economy, Covid-19


It has become necessary for me to write to you Sir, the economic messiah of our time and the head of the economic management team of our Republic Ghana, to update the country over the economic hardship and the daily cedi to dollar depreciation. Few weeks ago, the government led us to the International Monetary Fund (IMF) and told Ghanaians that after IMF encounter things will fall in place but rather things are worsening day by day, which I find it very strange in this country and my reason for knocking on your door today to update the entire nation.

Again, I want to ask if Ghanaians do not deserve to be updated on the economic situation in the country as things are falling apart? Maybe you could take cue from President Nana Addo Dankwa Akufo-Addo when he updated Ghanaians weekly during the Covid-19 era.

When Ghanaians were complaining of hardship few months ago, government spokepersons came out to rant as if we do not know what we were feeling at that time. In fact, where is the economic messiah of our country, and the best finance minister, where are they?.

I think it is time Ghanaians woke up to this government and demanded an update on the economy because Nana Addo Dankwa Akufo-Addo, the President of the land, once told us that they know how to bring back the economy but not human life during his "fellow Ghanaians" update. Ghanaians deserve better so please we need an update in fact serious update on the economy, cedi depreciation and many more.

I went to the bank and the dollar was 11 cedis 50 pesewas in the morning around 10am when I return to the same bank it was 12 cedis 40 pesewas. And around 12pm, the dollar was 12 cedis 90 pesewas and around 3pm it has jumped to 14 cedis. This is not what we were promised and this is one of the reasons we need Dr. Bawumia to come out and update us on this problem.

My humble question is: is it bad economic management or the government missed the fundamentals that allowed the cedi to expose the managers of our economy?

We need Dr. Alhaji Mahamudu Bawumia to come out and tell us what is happening in Ghana.

God bless our homeland Ghana and make us great and strong.

Yours Faithfully
Amanfour Wofa

Labels:

Comments

Post a Comment

Popular posts from this blog

Ghana Home Loans

With interest rates declining, a more liquid environment and a macroeconomic stability, mortgage financing is expected to see an ease of credit. And Ghana Home Loans being a leader in this industry is expected to lead the way. Ghana Home Loans (GHL), a leader in home mortgage, continues to be the frontier in fulfilling dreams of many Ghanaians in homeownership. Since starting business in 2006, it has also provided many existing homeowners with Equity Release mortgages to support their businesses, pay educational fees, improve their properties, or simply pursue other personal hobbies and interests. Ghana Home Loans is a mortgage finance institution which operates under Bank of Ghana’s supervision as a non-bank financial institution. At present, the Company remains the only such institution that focuses exclusively on the provision of mortgage product. Through the Home Completion mortgage and Home Construction mortgage products, Ghana Home Loans has enabled many qualified applican
16 comments
Read more

Rana Motors celebrates 30 years of Kia Sportage in Ghana with the unveiling of 30 Unique Limited Models

 In a bold milestone, Rana   Motors , a leading player in the automobile industry, is marking 30 years of its flagship compact   SUV , the Kia Sportage presence on the Ghanaian market with the launch of the limited special edition of the 5th Generation model. This latest edition, proudly assembled in Ghana, reflects the brand’s commitment to combining local craftsmanship with cutting-edge technology with key upgrades including acoustic laminated glass for a quieter interior and reinforced safety features like eight airbags, including rear side airbags. Speaking during a brief ceremony to unveil the 30th Anniversary of Kia Sportage in Ghana, Chief Operating Officer of Rana Motors Kassem Odaymat, described the positioning of the company as a game-changer in the automotive landscape.   To mark three decades of outstanding success, Kia has equipped a new special edition of the 2024 Sportage with enhanced specification, focusing on convenience and safety while further elevating the model’s
Post a Comment
Read more

Index of industrial production surges to 8.2% in 2024 2nd quarter

  The Conference of Heads of Assisted Secondary Schools (CHASS) has expressed frustration over the challenges faced in securing electricity for schools across the country. During their 62nd Annual Conference, held in Tamale from October 7 to 11, CHASS voiced concerns about the impact of prepaid electricity meters on their operations. In a statement, CHASS highlighted that the use of Electricity Company of Ghana (ECG) prepaid meters in schools is worsening the financial strain on headteachers. CHASS is extremely surprised as to why its members should be burdened with the responsibility of pre-financing the supply of electricity for classrooms, libraries, dormitories, dining halls, laboratories, and other academic purposes," the statement read. CHASS called for the government's immediate intervention, urging the shift from prepaid to postpaid meters to ensure uninterrupted electricity supply. They emphasized the need for continuous power to support effective academic work and to
Post a Comment
Read more