Bank of Ghana reaffirms commitment to economic journalism excellence

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• MONETARY MANAGEMENT IS ABOUT CREATING THE LIVING ECONOMIC CONDITIONS OF THE HUMANS WHO MAKE UP THE ECONOMY. 1 hour ago

  THE CENTRAL BANKS' MONETARY MANAGEMENT MUST BE ABOUT CREATING THE LIVING ECONOMIC CONDITIONS OF THE HUMANS WHO MAKE UP THE ECONOMY.
  
  WITHOUT HUMANS WHO CREATE THE ECONOMY (GHANAIANS), THERE WILL BE NO ECONOMY FOR THE GOVERN ...
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  THE CENTRAL BANKS' MONETARY MANAGEMENT MUST BE ABOUT CREATING THE LIVING ECONOMIC CONDITIONS OF THE HUMANS WHO MAKE UP THE ECONOMY.
  
  WITHOUT HUMANS WHO CREATE THE ECONOMY (GHANAIANS), THERE WILL BE NO ECONOMY FOR THE GOVERNOR TO CONSOLIDATE AND BRING ABOUT DISCIPLINED MARKETS, LET ALONE THE MACRO-ECONOMIC STABILITY OF GHANA.
  
  GHANA HAS NO "MACRO-ECOMINI", ANYWAY. SO THE FOCUS MUST RATHER BE MORE ON THE DOMESTIC OR MICRO-ECONOMY BY SLASHING THE PLETHORA OF EXPLOITATIVE WICKED STATUTORY TAXES AND TARIFFS IN GHANA TO MAKE LIFE DECENT AND AFFORDABLE FOR ALL GHANAIANS.
  
  WHAT'S THE POINT IN ALL THE ABOVE WHEN ORDINARY GHANAIANS CANNOT AFFORD
  A FULL TANK OF PETROL FOR THEIR VEHICLES FOR WORK AND OTHER FUNCTIONS, WHILE GHANIAAN LEADERS NEVER PERSONALLY PAY FOR THE FUEL CONSUMED BY THEIR FREE GAS-GUZZLING VEHICLES ALLOCATED FREE TO THEM, AND MOST OF WHICH TURN OUT TO BECOME THEIR PERSONAL PROPERTIES.
  
  WHEN KOFI JUMAH'S ARSE WAS KICKED OUT OF GIHOC DISTILLERIES, TWO OFFICIAL VEHICLES HE ALLOCATED TO HIMSELF FOR HIS PERSONAL AND PRIVATE USE HAD TO BE IMPOUNDED BY FORCE BY THE GOVERNMENT FROM HIS PRIVATE RESIDENCE. BEFORE THEN, ALL OF THOSE VEHICLES WERE FUELLED FREE BY THE POOR BANKRUPTED TAXPAYERS OF HOPELESS GHANA.
  
  THIS SAGA OF THE CRIMINAL KOFI JUMAH PLAYS OUT AMONG THE HEADS OF ALMOST ALL OF GHANA'S GOVERNMENT INSTITUTIONS, WHICH ACCOUNTS FOR MASSIVE ECONOMIC LEAKAGES PERPETRATED BY THE VERY PEOPLE EMPLOYED AND REMUNERATED GENEROUSLY BY THE POOR BANKRUPTED PEOPLE OF GHANA WHO CANNOT AFFORD A DECENT MEAL A DAY DUE TO THE KILLER GOVERNMENT TAXES WICKEDLY LEVIED ON EVERY CONSUMER PRODUCT IN GHANA.
  
  AS FOR THE WICKED TAXES AND TARIFFS IMPOSED ON THE SUPPLY OF "DUMSOR" ELECTRICITY AND POLLUTED AND SCARCE MAINS WATER, THE LITTLE SAID ABOUT THOSE, THE BETTER.
  
  MEANWHILE, GHANA'S LEADERS GET ALL OF THOSE FOR FREE IN THEIR FREE GOVERNMENT BUNGALOWS, INCLUDING FREE FUEL COUPONS. THIS IS NOT FAIR. IT'S LIKE THE POOR FEEDING AND FUNDING THE WELL-PAID GHANA LEADERS.
  
  SO, THE CENTRAL BANKS' MONETARY MANAGEMENT MUST BE ABOUT CREATING THE ECONOMIC CONDITIONS NECESSARY FOR MAKING LIFE DECENT AND WORTH LIVING FOR THE HUMANS WHO MAKE UP THAT ECONOMY.
  
  ANYTHING SHORT OF THE ABOVE MAKES GHANA A ROBBING-PETER-TO-PAY-PAUL "PONZI ECONOMY", A BANANA REPUBLIC AND AN ANIMALS' KINGDOM. THERE'S NO BLESSING IN DOING THAT TO THE POOR AND DISADVANTAGED IN ANY SOCIETY, AND THAT EXPLAINS WHY GHANA CONTINUES TO BE CURSED, DESPITE THE COUNTLESS NATURAL RESOURCES GOD HAS ENDOWED ON GHANA.

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