What we need now is a new government not falling cedi committee - Okudzeto Ablakwa

The Member of Parliament for North Tongu constituency, Mr. Okudzeto Ablakwa has posited that the country currently needs a government to rescue Ghanaians from the ruling government.

Commenting on the decision by the government to set up a 40 member committee to investigate the fall of the cedi, the MP said the committee is needless.

He said the only thing Ghanaians need is to have a new government to rescue Ghanaians.

The government has through the Finance Ministry established a Forex Development Committee that will look into policy measures and interventions to prevent the recurring depreciation of the cedi from assuming the impact of the central bank.

The move follows a promise made by the Finance Minister, Ken Ofori Atta last year that the government would establish a bipartisan committee to investigate the structural causes of the cedi depreciation and propose adequate measures.

The committee is made up of representatives from the Office of the Vice President, Bank of Ghana, Agriculture Ministry, Ghana Union of Traders Association (GUTA), Association of Ghana Industries, some universal banks among other key stakeholders

But the MP in a tweet said: “It has become as clear as crystal that we do not need a 40-member committee to rescue the Cedi; we need an entirely new Government to rescue the nation.”