'What permanent solutions did you propose for cedi stability?' - Financial analyst asks Dr. John Kwakye

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• Truth 1 year ago

  But you also doing same...what measures have you also propounded to solve the issues with the cedi

  But you also doing same...what measures have you also propounded to solve the issues with the cedi

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• Hannan 1 year ago

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• Critical 1 year ago

  Well said kwakye and cudjoe are always criticizing but not suggesting possible solutions

  Well said kwakye and cudjoe are always criticizing but not suggesting possible solutions

  reply
• Mark 1 year ago

  This is our country and our market. The government must come strong to tag rate to the dollar on yearly. But foreigners money they sent to their countries can't be compared to the judgement depts the country pays through corr ...
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  This is our country and our market. The government must come strong to tag rate to the dollar on yearly. But foreigners money they sent to their countries can't be compared to the judgement depts the country pays through corruption.

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• Benbella 1 year ago

  If you say the fundamentals are good, the exchange rate will expose you

  If you say the fundamentals are good, the exchange rate will expose you

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• NanaBee 1 year ago

  What gold coins? Physical or virtual?
  Hmm...amazing amazing amazing

  What gold coins? Physical or virtual?
  Hmm...amazing amazing amazing

  reply
• Wise Man. 1 year ago

  The simple answer to your question is Ghana should stop the unnecessary importaion and produce made in Ghana products and the Cedi will be healthy.

  The simple answer to your question is Ghana should stop the unnecessary importaion and produce made in Ghana products and the Cedi will be healthy.

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• Governor 1 year ago

  Let us stop the indiscriminate importation of some goods which can be assess locally. We must control our developed taste for foreign products and patronize our local products.

  Let us stop the indiscriminate importation of some goods which can be assess locally. We must control our developed taste for foreign products and patronize our local products.

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• NANA 1 year ago

  I hear some foreigners smuggle our dollars out of the country THROUGH CAR TYRES and other conduits... Our immigration service guys shd be up n doing

  I hear some foreigners smuggle our dollars out of the country THROUGH CAR TYRES and other conduits... Our immigration service guys shd be up n doing

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• Asem be ba dabi 1 year ago

  Yes we ve to reduce our insatiable taste for foreign goods. That's one surest way to stabilise the cedi against the dollar, ie we should go back to import substitution industries. We learned this concept in Economics, why ca ...
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  Yes we ve to reduce our insatiable taste for foreign goods. That's one surest way to stabilise the cedi against the dollar, ie we should go back to import substitution industries. We learned this concept in Economics, why can't we apply it?

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• Don King 1 year ago

  FOOLS. POLITICAL TRASH AS USUAL.

  FOOLS. POLITICAL TRASH AS USUAL.

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• WE LOOK AT FACTORS THAT PUSH UP DEMAND 4 FX 1 year ago

  TO STABILISE THE CEDI DEPRECIATION ANGAINST FOREIGN CURRENCIES IN GHANA, WE LOOK AT FACTORS THAT PUT PRESSURE ON DEMAND OF FOREIGN CURRENCIES IN GHANA.
  1.MODERNIZATION IN LIFESTYLE
  2.PERCEPTION THAT FOREIGN GOODS ARE BE ...
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  TO STABILISE THE CEDI DEPRECIATION ANGAINST FOREIGN CURRENCIES IN GHANA, WE LOOK AT FACTORS THAT PUT PRESSURE ON DEMAND OF FOREIGN CURRENCIES IN GHANA.
  1.MODERNIZATION IN LIFESTYLE
  2.PERCEPTION THAT FOREIGN GOODS ARE BETTER THAN MADE IN GHANA GOODS
  3.LOW PRODUCTION OF GOODS AND SERVICES IN GHANA.
  4.HIGH IMPORTATION OF FOREIGN GOODS
  5.LOW EXPORTS OF FINISHED GOODS TO EARN FOREIGN CURRENCIES
  6.LACK OF SUPPORT TO BOOST TOURISM TO EARN FOREIGN CURRENCIES
  7.DORMINATION OF FOREIGNERS IN TRADING ACTIVITIES IN GHANA
  8.SPECULATION AND UNCERTAINTIES DURING ELECTION YEARS .

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• Matete 1 year ago

  You these economic analyst don't have any practical methods to solve Ghana,s economic problems.WE IMPORT ALMOST EVERYTHING. THIS MUST STOP. BURKINA FASO MALI AND NIGER HAVE STOPPED THAT NONSENSE AND THEIR ECONOMIES ARE CHANGI ...
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  You these economic analyst don't have any practical methods to solve Ghana,s economic problems.WE IMPORT ALMOST EVERYTHING. THIS MUST STOP. BURKINA FASO MALI AND NIGER HAVE STOPPED THAT NONSENSE AND THEIR ECONOMIES ARE CHANGING.THESE COUNTRIES ARE LED BY MILITARY LEADERS.
  SO THESE YOUNGSTERS ARE MORE SENSIBLE THAN OUR CORRUPT DEGREE HOLDERS. THEY ALL CAME TO STEAL AND NOT TO SERVE GHANAIANS.. THIEVES

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• Math. 1 year ago

  The solution for African counties is together getting a unique money

  The solution for African counties is together getting a unique money

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• Jojo 1 year ago

  If ask you the general public this question meaning the finance minister doesn't have any clue about how to do his job right?
  
  Well, stop all the foreign churches who changes our local currency into dollars and send it to ...
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  If ask you the general public this question meaning the finance minister doesn't have any clue about how to do his job right?
  
  Well, stop all the foreign churches who changes our local currency into dollars and send it to their country.

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• Jacob 1 year ago

  The practice is for the Party in power to pack all State institutions with their Party men and women. That is why SOEs are always posting losses without any sanctions. Until this practice changes, Ghana will lose the Cocobods ...
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  The practice is for the Party in power to pack all State institutions with their Party men and women. That is why SOEs are always posting losses without any sanctions. Until this practice changes, Ghana will lose the Cocobods and SSNITS etc.

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• Alex Acheampong 1 year ago

  The current government debased the Currency, cedi to 100 & 200 GHC.
  Take the above figure away replace it with the GHC 50.
  Debasement is the act reducing the value, quality esp a coin.

  The current government debased the Currency, cedi to 100 & 200 GHC.
  Take the above figure away replace it with the GHC 50.
  Debasement is the act reducing the value, quality esp a coin.

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• Akwasi Boateng 1 year ago

  The BOG must be replaced with a Currency Board. The central bank has no autonomy to effectively conduct sound our monetary policies. The government must impose strict foreign currency controls and ban the importation of 1000 ...
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  The BOG must be replaced with a Currency Board. The central bank has no autonomy to effectively conduct sound our monetary policies. The government must impose strict foreign currency controls and ban the importation of 1000 items.

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• John 1 year ago

  The Ghanaian all the time solved the country problems on their lips, always talk, talk. Twaakai the black man.

  The Ghanaian all the time solved the country problems on their lips, always talk, talk. Twaakai the black man.

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• Kyei 1 year ago

  As long as we import , Gh cedi yamutu.

  As long as we import , Gh cedi yamutu.

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• Joan 1 year ago

  What a solid economic management team

  What a solid economic management team

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• Thomas Agyemang 1 year ago

  Dr. Michael Kwaku Dawson is encouraging us to invest in the Bank of Ghana gold coin in order to stabilize the Cedi. Has he forgotten that our investments are locked up with Fund Managers (NTHC, GCFM etc) Gov't bonds, microfin ...
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  Dr. Michael Kwaku Dawson is encouraging us to invest in the Bank of Ghana gold coin in order to stabilize the Cedi. Has he forgotten that our investments are locked up with Fund Managers (NTHC, GCFM etc) Gov't bonds, microfinance, savings & loans etc under the supervision of Gov't regulatory bodies leading to the values of our investments totally depreciating? Please channel your energy into advising the Gov't to index link pyt of our locked up investments to inflation. Doc, u can go & buy Gold coins with your family as for some of us once bitten twice shy.

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• Kunta 1 year ago

  We should ban pastors transferring monies outside the country.This singular action has a negative effect on the economy. There is nothing productive about it
  
  Not only that but other useless imports like importation of too ...
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  We should ban pastors transferring monies outside the country.This singular action has a negative effect on the economy. There is nothing productive about it
  
  Not only that but other useless imports like importation of tooth pick, fruit juice, etc should all be banned.
  
  Useless workshops and conferences should be banned. These days lots of them are done online via zoom, terms, etc.
  
  Government officials should be humble enough to fly economy class. The persons paying their taxes for you to fly is in the economy class and you are flying business class meanwhile you aren't bringing any business. On a few occasions that I traveled, I have seen business gurus flying economy but unproductive government officials keep flying business class.
  
  We should restructure amounts we give to state officials as per diem when they travel. I hear the President of the land takes $3,000 as per diem. This is killing to a country like Ghana who only go about borrowing money to keep us afloat.
  
  Government should cut down on its expenditure since it is all import driven.
  
  These are some of the solutions we were expecting from Dr Kwakye and other Economists

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• Kenkey is 7ghs!!! 1 year ago

  DIGITIZATION!!!

  DIGITIZATION!!!

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• Tetteh Zutah 1 year ago

  This NPP supposed economics thinks that they entitled to do everything but others don't have such opportunity...
  
  What permanent solutions did these guys propose during Mahama's Government aside constant attacks on Mahama G ...
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  This NPP supposed economics thinks that they entitled to do everything but others don't have such opportunity...
  
  What permanent solutions did these guys propose during Mahama's Government aside constant attacks on Mahama Government when it comes to the Cedi and Why didn't they implement those Solutions under Bawumia, the Chew and Pour Economist, who was jumping from one Economic lecture to the other writing articles on the Cedi...

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