Kennedy Ohene Agyapong, Assin Central MP, has indicated that between March and August 2022, he lost about $12 million dollars through the depreciation of the cedi to the dollar.
According to him, the Vice President has no message again for Ghanaians after he stated in 2014 address lashing out at the John Dramani Mahama government that "if the fundamentals are weak, the exchange rate will expose you."
Agyapong who was speaking to some party members as part of his campaign for flagbearship of the governing New Patriotic Party (NPP), stated that at the time Dr. Bawumia was making those comments, the exchange rate was GH¢4.20p to a dollar.
He said since then, the cedi has depreciated to the dollar from GH¢4 to a whopping GH¢15 as witnessed recently.
"When your fundamentals are weak, the exchange rate will expose you. When you were making that statement, the exchange was GH¢4.20p. On Friday, it was GH¢15.00 to a dollar.
"What message do you want to give to Ghanaians again? Let me tell you; I’m telling you this straight; I’m saying all these things because of [something]…from March this year to August this year, through the exchange rate, I lost $12 million," Kennedy Agyapong said in a viral audio in Ghanaweb's possession.
Kennedy Agyapong is one of the leading figures gunning to replace president Nana Addo Dankwa Akufo-Addo as leader of the NPP going into the 2024 General Elections.
Others rumoured to be interested in becoming flagbearers include Vice President Mahamudu Bawumia, Trade and Industry Minister Alan Kyerematen. The primaries are slated for next year.
Source: ghanaweb.com
Disclaimer: Opinions expressed here are those of the writers and do not reflect those of Peacefmonline.com. Peacefmonline.com accepts no responsibility legal or otherwise for their accuracy of content. Please report any inappropriate content to us, and we will evaluate it as a matter of priority. |
Honourable Ken please you need emotional intelligence to be a good leader. Currently you are not emotionally mature to be president oooh. If you will notice , the vice president has not responded to any of your verbal diarrhoea so far . There's a gulf of emotional intelligence between you and him , He is far ahead of you in emotional maturity. He comes across as more discipline than you. Even as a Muslim, he has not married plenty women like you a non Muslim. Please stop throwing dust at him . It will not work
Talk is cheap. This is the nature of Kennedy Agyapong Blaming everybody for our current problems apart from him. Such a temperamental person can never be president. Its easier said than done. How do you change the fundamentals This government has started import substitution factories to reduce importation, unemployment as well as pressure on the dollar. They have also started digitization to improve the way we conduct business at all levels to safe cost and reduce corruption. How different are going to do Kennedy Agyapong ? You cant match Bawumia when it comes to governance except noisy talk and blame game.