Deregulation should come with a stable cedi - NPP

Read Article

Comments (14)

This article is closed for comments.

Read Comments Comments (14)

Alonzo 10 years ago

Deregulation of the petroleum sector was first introduced and implemented under NPP govt.when Kufour was President. Was the cedi stable then?

Deregulation of the petroleum sector was first introduced and implemented under NPP govt.when Kufour was President. Was the cedi stable then?
PRINCE KWASI ADADE (OFIE P33) 10 years ago

THESE BUFFOONS CAN'T TALK ABOUT HOW JDM AND HIS CRIMINALS ARE DESTROYING GHANA. LOOK AT THE CEDI NOW, DUMSOR, NHIS, SCH. FEEDING, ROADS, PEOPLE LOSING JOBS, BUSINESSES COLLAPSING, PEOPLE COMMITING SUICIDE BECAUSE OF HARDSHIP, ...
read full comment

THESE BUFFOONS CAN'T TALK ABOUT HOW JDM AND HIS CRIMINALS ARE DESTROYING GHANA. LOOK AT THE CEDI NOW, DUMSOR, NHIS, SCH. FEEDING, ROADS, PEOPLE LOSING JOBS, BUSINESSES COLLAPSING, PEOPLE COMMITING SUICIDE BECAUSE OF HARDSHIP, FREE MATERNITY CARE NO MORE, METRO MASS TRANSIT COLLAPSED, FREE COCOA SPRAYING GONE, NDC STILL ON CREATE, LOOT & SHARE. OUR SUPREME COURT HAS RULED FOR CERTAIN FAKE JUDGEMENT DEBTS INVOLVING MILLIONS OF DOLLARS PAID TO INDIVIDUALS AND ORGANISATIONS BE REFUNDED TO POOR GHANA, NDC HAS NOT AS OF NOW MADE ANY ATTEMPT AT RETRIEVING THEM, YET, STUPID PEOPLE IN THIS COUNTRY CAN'T SEE AND DELIBERATE OVER THESE BUT JUST TALK ABOUT AND INSULT MEN LIKE NANA & BAWUMIA AND OTHER THINK-TANKS WHO ARE FIGHTING HARD TO LIBERATE US ALL FROM THE HANDS OF THESE NDC INEPT AND CORRUPT GOVERNMENT. GOD BLESS NANA ADDO!!! GOD BLESS BAWUMIA!!!!!!
ADDO 10 years ago

AS FOR ME I PREFARE DUMSOR THAN ACID KILLING.

AS FOR ME I PREFARE DUMSOR THAN ACID KILLING.
TO: PRINCE KWASI ADADE 10 years ago

WHAT A FOOL.

WHAT A FOOL.
Kofi Ameyaw,London. 10 years ago

Everything good was implemented by npp (acid party)but why didn't you do it.

Everything good was implemented by npp (acid party)but why didn't you do it.
John,Tema 10 years ago

At least there was some stability they even went further to establish Metro Mass Transport to reduce the hardship on travelers.What has NDC done when Fuel prices & Cedi Stability were moving in opposite direction?

At least there was some stability they even went further to establish Metro Mass Transport to reduce the hardship on travelers.What has NDC done when Fuel prices & Cedi Stability were moving in opposite direction?
Sena 10 years ago

yes alonzo,the cedi under npp was relatively stable.

yes alonzo,the cedi under npp was relatively stable.
SIMON 10 years ago

Get ur SECURITY PEN CAMERA at a cool price.
Contact : 0547489948

Get ur SECURITY PEN CAMERA at a cool price.
Contact : 0547489948
Lord Tennison 10 years ago

The ultimate goal of deregulation is to allow many suppliers of a commodity/service into the market to promote a competitive spirit and reduce price through the supply and demand mechanism.An added benefit are innovative good ...
read full comment

The ultimate goal of deregulation is to allow many suppliers of a commodity/service into the market to promote a competitive spirit and reduce price through the supply and demand mechanism.An added benefit are innovative goods/services and efficient means of production to reduce cost and maximize profit
Contrast deregulation to the NPA fixing prices in a regulated market.A most inefficient way of bringing prices down.The reason the prices of refined petroleum products are fuelling inflation and driving up interest rates and killing our manufacturing industries on a piecemeal basis.
The NPA should concern itself with ensuring that the rules and regulations are sheepishly followed so the purpose for which they were put in place is not defeated.These should enhance competition to the letter so prices can be reduced.If prices are soaring after the enactment of the dos and don'ts,then the dos/don'ts should be scrutinized.
In an effort to deregulate a market,one also needs to guard against mergers and acquisitions which has the potential of creating monopolies and stifling the competition.
Once again,to revisit the value of the Ghc vis-a-vis the USD and other currencies,there is a correlation between a currency and the underlying economy.Strong economies generate tremendous investment opportunities which in turn boost the demand for their currencies and lead to appreciation of their exchange rates and vi e versa.
A persistent strengthening of one's currency is as bad as a persistent depreciation of the currency.Because just as depreciation leads to a reduction in the value of assets denominated in the currency and inflation,an over-appreciated currency leads to high cost of exports and lost of foreign exchange earnings.Consequently,any catchy exchange rate policy should target a focal point where the rate will compromise both scenarios.
In view of the afore-mentioned,I will be mindful of beating my chest and dancing in jubilation as is being exhibited in official circles.
The social democrats and whichever tag they may choose to bear,are not endeared to these simple ideas which have made the developed countries prosperous.These are some of the ideals of capitalism.So why should Ghanaians vote for any socialism-oriented political party or the semblance of it?
Why don't you give Ghana to the NPP to entrench these prosperity-guaranteed ideas so we will stop the circuitous economic journeys?
We cannot continue on the path of confused ideology and waste forever.
We must develop before the law of diminishing marginal returns sets in to negate incomes from our natural resources.
This dialogue should not be about any political party.It should be about our one and only Ghana.It should be about doing what is good for Ghana.
So vote Nana,vote NPP in 2016 just for Ghana.
Interested 10 years ago

Why is it that, for the most part, the people who come on this thread with facts and good analysis (and NOT insults) always tend to be NPP?

Why is it that, for the most part, the people who come on this thread with facts and good analysis (and NOT insults) always tend to be NPP?

senior Citizens 10 years ago

Ghanaian are not going to take any stinky advice from you again. Go and clean your dirty clothes which is smelling in the public domain. Advice your militants NPP, Ghanaians don't need your views anymore. It's all junk and li ...
read full comment

Ghanaian are not going to take any stinky advice from you again. Go and clean your dirty clothes which is smelling in the public domain. Advice your militants NPP, Ghanaians don't need your views anymore. It's all junk and lies. Give us a break
Abonsam 10 years ago

Think about how you guys bath a human with acid idiot. Was the cedi stable when kufuor was there idiot

Think about how you guys bath a human with acid idiot. Was the cedi stable when kufuor was there idiot
Whatever 10 years ago

You cannot create with a destroyer. When Kufour was deregulating that sector we warned him. Those private people in that oil business are foreigners or locals who as soon as they get their profit sends it abroad to spend why ...
read full comment

You cannot create with a destroyer. When Kufour was deregulating that sector we warned him. Those private people in that oil business are foreigners or locals who as soon as they get their profit sends it abroad to spend why won't your cedi fall?
plasma kote 10 years ago

Without the required knowledge.

Without the required knowledge.

14 Comments

Welcome,

SIGN IN

Welcome,

RESET PASSWORD

Hello,

Terms and conditions

REGISTER

Deregulation should come with a stable cedi - NPP

Read Comments .st0{display:none;fill:#14BDD3;} .st1{display:none;} .st2{display:inline;fill:#FC0F0F;} .st3{display:inline;fill:#FFFFFF;} .st4{display:inline;fill:none;stroke:#000000;stroke-width:6;stroke-miterlimit:10;} Comments (14)

Read Comments Comments (14)