{"id":1186553,"date":"2022-08-22T12:13:25","date_gmt":"2022-08-22T12:13:25","guid":{"rendered":"https:\/\/www.ghanamma.com\/2022\/08\/22\/bawumia-plays-blame-game-with-ghanas-economic-problems-us-economist\/"},"modified":"2022-08-22T12:13:25","modified_gmt":"2022-08-22T12:13:25","slug":"bawumia-plays-blame-game-with-ghanas-economic-problems-us-economist","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2022\/08\/22\/bawumia-plays-blame-game-with-ghanas-economic-problems-us-economist\/","title":{"rendered":"Bawumia plays blame game with Ghana&#8217;s economic problems &#8211; US economist"},"content":{"rendered":"<p><\/p>\n<div id=\"article-text\" style=\"line-height: 2; letter-spacing: -0.5px;font-size: 18px;\">\n<p>                        <!--p class=\"ky_saved_articles_link\"><span class=\"ky_saved_articles_hide\"><img decoding=\"async\" src=\"\" class=\"ky_saved_articles_img\" alt=\"Bawumia plays blame game with Ghana's economic problems - US economist\" title=\"Bawumia plays blame game with Ghana's economic problems - US economist\"><\/span> Bookmark<\/p-->\n<p>A professor of applied economics at Johns Hopkins University has accused the Vice President, Dr Mahamudu Bawumia, of playing blame games with Ghana\u2019s economic problems. <\/p>\n<p>Steven Hanke said he has noticed that the Veep likes to shift responsibility regarding the country\u2019s economic woes. <\/p>\n<p>In a tweet on Monday, he added that based on his assessment of Ghana\u2019s inflation, the country\u2019s economic challenges are likely to take a further decline. <\/p>\n<p>\u201cWhen it comes to the source of Ghana\u2019s economic problems, VP Bawumia plays the BLAME GAME. You know, it wasn\u2019t me, it was the guy behind the tree. <\/p>\n<p>\u201cToday, I measure GHA\u2019s inflation at 80%\/yr. Without a currency board, GHA is going down the tubes\u201d, he wrote.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">When it comes to the source of Ghana\u2019s economic problems, VP Bawumia plays the BLAME GAME. You know, it wasn\u2019t me, it was the guy behind the tree. Today, I measure GHA\u2019s inflation at 80%\/yr. Without a currency board, GHA is going down the tubes.https:\/\/t.co\/GCuAxdJvZF<\/p>\n<p>\u2014 Steve Hanke (@steve_hanke) <a href=\"https:\/\/twitter.com\/steve_hanke\/status\/1561521415093776384?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">August 22, 2022<\/a><\/p><\/blockquote>\n<p>Professor Hanke\u2019s comments add to the scores of public resentments against the Vice President, over Ghana\u2019s economic misfortunes. <\/p>\n<p>Currently, Ghana is reeling under severe economic pressure, with the country\u2019s currency, the Ghana Cedi, constantly depreciating against the dollar. <\/p>\n<p>At the moment, the value of the Cedi is pegged at \u00a210 notes to a dollar. <\/p>\n<p>This, according to a section of the populace is a result of government\u2019s mismanagement of the economy, with Dr Mahamudu Bawumia as the head of the country\u2019s economic management team. <\/p>\n<p>Meanwhile, government has assured its commitment to helping build a more resilient economy, despite the present challenges. <\/p>\n<p>Speaking at the 12th Biennial Conference of the Methodist Church of Ghana at Winneba in the Central Region, the President, Nana Akufo-Addo said government will continue to push through its programmes despite the present difficulties.<\/p>\n<p>The President also added he will continue to look up to God, in placing the economy on a better footing. <\/p>\n<p>\u201cI will continue to have abiding faith in God to help turn the fortunes of the nation around together with appropriate policies, determination and hard work, and I urge all to have same beliefs that the fortunes of Ghana under the Presidency of Nana Akufo-Addo will be restored, the battle is the Lord\u2019s\u201d, Akufo-Addo indicated.<\/p>\n<p>                <!-- Post Tags --><\/p><\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>A professor of applied economics at Johns Hopkins University has accused the Vice President, Dr Mahamudu Bawumia, of playing blame games with Ghana\u2019s economic problems. Steven Hanke said he has noticed that the Veep likes to shift responsibility regarding the country\u2019s economic woes. In a tweet on Monday, he added that based on his assessment [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1186555,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[187],"tags":[2032,441,3010,2470,281,250,4676,1261],"class_list":["post-1186553","post","type-post","status-publish","format-standard","has-post-thumbnail","category-politics","tag-bawumia","tag-blame","tag-economic","tag-economist","tag-game","tag-ghanas","tag-plays","tag-problems"],"_links":{"self":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts\/1186553","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/comments?post=1186553"}],"version-history":[{"count":0,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts\/1186553\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/media?parent=1186553"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/categories?post=1186553"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/tags?post=1186553"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}