The economy, the vindication and the demand for an apology

Read Article

Comments (20)

This article is closed for comments.

Read Comments Comments (20)

Dada 1 day ago

Great article! Let's see if they will admit their error and aopogize to you. I suspect not....

Great article! Let's see if they will admit their error and aopogize to you. I suspect not....
The Motherland 1 day ago

No sir!! The substance of the article does not make it great, to wit seeking an unearned apology. George Domfe goofed when he attributed the economic gains solely to forex interventions of the central bank. His assertion in t ...
read full comment

No sir!! The substance of the article does not make it great, to wit seeking an unearned apology. George Domfe goofed when he attributed the economic gains solely to forex interventions of the central bank. His assertion in this regard amounts to a half-truth, aka a plain lie. That's why he suffered the approbrium he got. Rather than correct himself on the record, he is rather digging in his heels. Very sad!!
Hawa 1 day ago

Joker. What do you teach your students?

Joker. What do you teach your students?
isaac klu 1 day ago

good evening my roommate Akuafo hall k-6
look for me small

good evening my roommate Akuafo hall k-6
look for me small
Domfe 1 day ago

The simple question is, is the exchange rate better under NDC today or not? plenty talk not dey fill basket. Wesaw what Buwumia the messiah did, where is Ofori Attah

The simple question is, is the exchange rate better under NDC today or not? plenty talk not dey fill basket. Wesaw what Buwumia the messiah did, where is Ofori Attah
K. Kusi 1 day ago

Your article is as ugly in content and substance as your face attached to the article. Hollow! And all these are teaching in the university with the likes of Zaato. Apuu! No wonder Our education is in trouble!

Your article is as ugly in content and substance as your face attached to the article. Hollow! And all these are teaching in the university with the likes of Zaato. Apuu! No wonder Our education is in trouble!
Devil Jankromah 1 day ago

Never thought I would see any one rival NADAA for ugliest politician, but this Domfe guy is trying hard.

Never thought I would see any one rival NADAA for ugliest politician, but this Domfe guy is trying hard.
Kwame Twumasi-Fofie 1 day ago

And who's this guy looking for ugly politicians outside those in the NDC? For a start, where's he going to place their Great Chairman, not to talk of the handsome Otukonor or even the 'Babies With the Sharp Teeth'? And co ...
read full comment

And who's this guy looking for ugly politicians outside those in the NDC? For a start, where's he going to place their Great Chairman, not to talk of the handsome Otukonor or even the 'Babies With the Sharp Teeth'? And come to think of it, looking closely at 82-year old (Akora) NADAA and 67-year old (Abrante) JDM I personally wouldn't have any problem choosing who's better looking or who's uglier.
K. Kusi 15 hours ago

This one pain you papa! Check from 1992 and see all the NPP and NDC pairs in all elections and be truthful to yourself, which candidate has always been the ugliest? Your brain function is as ugly as the face of the Dr Domfeh.

This one pain you papa! Check from 1992 and see all the NPP and NDC pairs in all elections and be truthful to yourself, which candidate has always been the ugliest? Your brain function is as ugly as the face of the Dr Domfeh.
Shalom 1 day ago

George Domfe,
This issue that you have raised again to renew your call of acknowledgement by the government, BOG, Ndc and all Ghanaians to come and bow their knees before you in apology is becoming a nuisance and a distract ...
read full comment

George Domfe,
This issue that you have raised again to renew your call of acknowledgement by the government, BOG, Ndc and all Ghanaians to come and bow their knees before you in apology is becoming a nuisance and a distraction to the current socioeconomic roadmap of the economic team and the nation.
It us extremely needful to bring to your attention that at the time you first came out to tell the world that the government’s exploitation for the Cedi appreciation in 7 weeks could correct because in your estimation, the BOG cushioned the process with injection of dollars… request they should openly admit your submission.
You see my friend, what you failed to acknowledge at the time is that prior to physical manifestation of the change in the exchange rate, a whole lot of indoor day/nite consultations, policy reviews, deliberations and serious works of engagement had gone on, was going on and more was yet to go on.
Much as you played down on the other sacrifices they made to instead blow your trumpet, they ignored you because wha5 you were saying the time though could be part of the narrative, it was not as huge an issue you wanted them to admit and acknowledge. And even now it is still NOT.
The government, BOG, and their team will not apologise to you and may even NIT respond to you because you failed to acknowledge and appreciate the sacrificial input they had made and were making, holding up a quarter of the flag to boast.
If it’s that easy and as simple as merely injection dollars into the forex market, how come for 8 bad years, the ‘economic messiah’ and his ‘ fantastic economic management team could not keep the dollar they arrested in jail.
So the question is, why can’t you simply be delighted and grateful at least to God that he has endowed the current government the wisdom to solve the currency problem of your country.
And how about you writing openly instead to express your thankfulness to the government and the Bank of Ghana the team for turning the situation around for the benefit of us all.

Yaw 1 day ago

This Ofui wants an apology???!! Such an apology of an intellectual!!! Go to hell and stuff your supposed vindication up your stinking ar-e!!!!

This Ofui wants an apology???!! Such an apology of an intellectual!!! Go to hell and stuff your supposed vindication up your stinking ar-e!!!!
Poli Tricks Nkoaa 1 day ago

What this gentleman is saying is simple and straight forward. The cedi's appreciation within 7 weeks was not because of any expertise or miracles performed by the NDC government, but simply because of their intervention in t ...
read full comment

What this gentleman is saying is simple and straight forward. The cedi's appreciation within 7 weeks was not because of any expertise or miracles performed by the NDC government, but simply because of their intervention in the government's quest to strengthen the cedi. (Nothing wrong with wanting to strengthen the cedi and doing so).

The gentleman's point is that he put forth the argument that the appreciation was because of BOG's intervention and not because of the reasons assigned by the communications experts, but that was poopooed by the talking heads and the so-called intellectuals. His point is simple. Apologize for the insults when he made the correct analysis.

What is so difficult about this? Why are some of you still trying to make it a partisan issue? I am not an NDC or NPP lap dog, and from what he is saying, he is also an honest intellectual simply making you all aware of the simplicity of his argument which some of you have blindly ignored and are still quick to continue to dodge and attack him.

When a person's mind is made up, it is foolish to confuse them with facts. My brother, please, just leave these blind followers alone. You will never succeed in reasoning with a block head. Thank you!
KWABENA GOLD COAST 1 day ago

THE BIG PROBLEM CREATED BY THIS HIGHLY ARTIFICIAL APPRECIATION OF THE GHANA CEDI IS THE ENORMOUS DAMAGE DONE TO THE GHANAIAN COCOA INDUSTRY BASED ON FORCING COCOA FARMERS TO ACCEPT A REDUCTION OF COCOA PRICES BY 28.9% FROM 36 ...
read full comment

THE BIG PROBLEM CREATED BY THIS HIGHLY ARTIFICIAL APPRECIATION OF THE GHANA CEDI IS THE ENORMOUS DAMAGE DONE TO THE GHANAIAN COCOA INDUSTRY BASED ON FORCING COCOA FARMERS TO ACCEPT A REDUCTION OF COCOA PRICES BY 28.9% FROM 3637 CEDIS PER BAG OF COCOA BEANS TO 2,587 CEDIS DURING THE MIDDLE OF THE PRODUCTION YEAR AFTER FARMERS HAVE PURCHASED RESOURCES AND COMMITTED TO LOANS AND INCREASED WAGE COSTS. THIS WAS THE WORST GOVERNMENT DECISION IN THE COCOA INDUSTRY SINCE THE GHANA COCOA BOARD WAS ESTABLISHED IN 1947. NO GOVERNMENT HAS EVER DECREASED COCOA PRODUCER PRICES ESPECIALLY DURING THE MIDDLE OF A PRODUCTION YEAR. THIS REDUCTION THAT WAS ANNOUNCED ON 12 FEBRUARY 2026 WAS THE RESULT OF EXCESSIVE ARTIFICIAL APPRECIATION OF THE GHANA CEDI BY POLICYMAKERS THAT DID NOT CONSIDER THE HARM TO 650,000 COOCA FARMERS AND FOUR MILLION WORKERS WHO DIRECTLY DEPEND ON THE COCOA INDUSTRY. THE NATIONAL DEMOCRATIC CONGRESS WILL BE SEVERELY PUNISHED IN DECEMBER 2028 FOR WHAT AMOUNTS TO 10 BILLION CEDIS OR 800 MILLION DOLLARS EXTORTION OF MONEY FROM COCOA FARMERS WHO HAVE BEEN THE BACKBONE OF THE GHANAIAN ECONOMY. NOW THE FINANCE MINISTER, CASSIEL ATO BAAH FORSON WANTS TO BE THE PRESIDENT OF THE REPUBLIC AFTER DIRECTLY EXORTING 10 BILLION GHANA CEDIS FROM COCOA FARMERS. HE HAS FORGOTTEN THAT IT IS THE ELECTORALLY SWING VOTERS FROM THE COCOA PRODUCING AREAS WHO ALWAYS DECIDE WHO BECOMES THE PRESIDENT OF THE REPUBLIC OF GHANA.
ebeathar@gmail.com 1 day ago

I cannot believe this guy has a doctorate in Development Economics. Is it possible that you actually know better but being mischievous for the sake of politics or you're really serious about the garbage you just spewed? Even ...
read full comment

I cannot believe this guy has a doctorate in Development Economics. Is it possible that you actually know better but being mischievous for the sake of politics or you're really serious about the garbage you just spewed? Even the most stable economies in the world don't have fixed levels of exchange rate. Strong macro index help sustain a marginal movement ex rate which is a benchmark for predictability which is equal to stability.
MANB USA 1 day ago

GHANA SHOULD PRODUCE OFORI ATTA BEFORE THEY CAN MOVE FORWARD. THE MAN IS STILL SITTING ON THE ECONOMIC DEVELOPMENT OF GHANA IN THE USA.

GHANA SHOULD PRODUCE OFORI ATTA BEFORE THEY CAN MOVE FORWARD. THE MAN IS STILL SITTING ON THE ECONOMIC DEVELOPMENT OF GHANA IN THE USA.
KAI AMARTEIFIO of BROOKLYN -NY-USA 18 hours ago

Oh yes --agreed -the injection of gold proceeds mainly from GALAMSEY source to drastically support the ECONOMY cannot be denied ---but the BIG question is to what end ----? yes cosmetically the value of our CEDI has improved ...
read full comment

Oh yes --agreed -the injection of gold proceeds mainly from GALAMSEY source to drastically support the ECONOMY cannot be denied ---but the BIG question is to what end ----? yes cosmetically the value of our CEDI has improved and quite at par with the US dollar -----but why should the Government cut its nose to spite its face ? Surely the GOLDBOD ENTERPRISE paradoxically is doing well -generating the much needed gold reserve MONEY that is cushioning the CEDI in value ---BUT is the catastrophic damage of the environment worth the cause ? The vast degradation of the AGRICULURAL Land ,Forest Reserves and the muddy pollution of the Water Bodies is serious and as such need for an immediate REMEDY to the GALAMSEY MENACE. At all cost the GALAMSEY MENACE has to be STOPPED,-----the artisanal small scale mining source producing the gold must cease immediately ---a moratorium need be placed on any small scale mining---BAN LAW must be enacted by Parliament now ---a state of emergency must be declared for a short period to make the BAN LAW effective --a VIOLATION of the BAN law must attract severe penalty even death sentence by firing squad .The Military and POLICE must be tasked to stop the GALAMSAYING activity period .Note that the GALAMSAYING is killing us all softly and slowly because of the ongoing indiscriminate artisanal small scale mining ventures and until an environmental safe friendly technique is designed to win the gold --let the gold remain underground . Let us turn our attention to a massive national Tree Planting exercise to get the PLANTS and WATER Bodies back to LIFE. THE AGRICULTURAL LAND shall hence be restored .GALAMSAYING as being practiced now is not a kind of work to be encouraged .You can't tell me dealing in NARCOTIC DRUG TRAFFICKING is an employment .I think George Domfe has a point and instead of the bad language directed at him----think sensibly and give the man some credit.
Kofi Amoako 15 hours ago

Politicus be gyimigyimi guy ooo.
He's biased

Politicus be gyimigyimi guy ooo.
He's biased
Cassius Clay 14 hours ago

How on earth can you describe Politicus as gyimigyimiii? Politics aside, we are all brothers, sisters, and friends. What did he do to deserve this insult? In any case, the gyimigyimii description does not fit him in any way. ...
read full comment

How on earth can you describe Politicus as gyimigyimiii? Politics aside, we are all brothers, sisters, and friends. What did he do to deserve this insult? In any case, the gyimigyimii description does not fit him in any way. You know why? This is because none of the attributes of a gyimigyimii guy can be said about him, so, you see, my brother, you have goofed big time! Dr. Domfeh is well vexed in the subject matter, and indeed this is what he has been doing over the years: economics(M&M), development economics, trade and investment, name them! You see, calling him 'POLITICUS ' suggests that you know him from Adam, because it will only take some of us who are brothers, sisters, friends, and mates in school to address him as such. Therefore, why would you, of all people, insult your brother, friend, or schoolmate this way? Especially when it is crystal clear that what you are saying about him does not wash. Please apologise to your brother. After all, we do not know about tomorrow!
Danito 3 hours ago

IMF did not warn against excessive borrowing to kill our economy, but are warning against excessive intervention using our own God-given resource to save our economy...Wow. These guys know how they earn their keep, and people ...
read full comment

IMF did not warn against excessive borrowing to kill our economy, but are warning against excessive intervention using our own God-given resource to save our economy...Wow. These guys know how they earn their keep, and people who call themselves economist will cite them triumphantly?
It's sad how their half education has colonised their mental faculties to see IMF as authorities. Sad, Sad, Sad!!!
Opoo man 3 hours ago

THIS NPP ECONOMIST WANT ATTENTION

THIS NPP ECONOMIST WANT ATTENTION

20 Comments

Welcome,

SIGN IN

Welcome,

RESET PASSWORD

Hello,

Terms and conditions

REGISTER

The economy, the vindication and the demand for an apology

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 (20)

Read Comments Comments (20)