{"id":1272020,"date":"2022-12-31T09:12:28","date_gmt":"2022-12-31T09:12:28","guid":{"rendered":"https:\/\/www.ghanamma.com\/2022\/12\/31\/were-a-govt-of-ideas-and-transformational-in-our-approach\/"},"modified":"2022-12-31T09:12:28","modified_gmt":"2022-12-31T09:12:28","slug":"were-a-govt-of-ideas-and-transformational-in-our-approach","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2022\/12\/31\/were-a-govt-of-ideas-and-transformational-in-our-approach\/","title":{"rendered":"We&#8217;re a govt of ideas and transformational in our approach"},"content":{"rendered":"<p><\/p>\n<div>\n<p>Vice President Mahamudu Bawumia has gone on a praising spree of the New Patriotic Party saying the governing party has\u00a0\u201cimplemented transformational ideas\u201d and should be credited for how smoothly the country is being run.<\/p>\n<p>He listed the widely criticized gold for oil policy as one such transformational policy.<\/p>\n<p>\u201cWe are a government of ideas, and transformational ideas, and we are thankful to God for the wonderful ideas that this government has been able to implement.<\/p>\n<p>\u201cWe have implemented the gold for oil policy and the public and the country will soon see its benefits in the next few months and that is going to reduce the demand at the Bank of Ghana for foreign exchange and bring down the fuel prices, and you have already seen the fuel prices coming down.\u201d<\/p>\n<p>The Vice President first gave a hint of the barter of \u201csustainably mined gold for oil\u201d at an AGI Awards night organized in Accra in November which he indicated was \u201ckey to addressing the economic crisis confronting the country in its energy needs.\u201d<\/p>\n<p>He blamed the hike in fuel prices on the depreciation of the cedi which lost over 50 percent of its value in 2022.<\/p>\n<p>Dr. Bawumia said, in a bid \u201cto address this fundamental challenge that we all face of depreciation and its impact on fuel and utility prices and food and so on, the government has opted to implement a policy of using our gold to buy oil products.\u201d<\/p>\n<p>The Vice President said this at the NPP\u2019s thanksgiving service held on Thursday.<\/p>\n<p>\u00a0<\/p>\n<p><div class=\"youtube-embed\" data-video_id=\"ldYmwIEkkOU\"><iframe loading=\"lazy\" title=\"Bawumia insists challenges on Ghana&#039;s economy are occasioned by global factors | Citi Newsroom\" width=\"696\" height=\"392\" src=\"https:\/\/www.youtube.com\/embed\/ldYmwIEkkOU?feature=oembed&#038;enablejsapi=1\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture\" allowfullscreen><\/iframe><\/div>\n<\/p>\n<p>\u00a0<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Vice President Mahamudu Bawumia has gone on a praising spree of the New Patriotic Party saying the governing party has\u00a0\u201cimplemented transformational ideas\u201d and should be credited for how smoothly the country is being run. He listed the widely criticized gold for oil policy as one such transformational policy. \u201cWe are a government of ideas, and [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1271604,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[187],"tags":[],"class_list":["post-1272020","post","type-post","status-publish","format-standard","has-post-thumbnail","category-politics"],"_links":{"self":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts\/1272020","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=1272020"}],"version-history":[{"count":0,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts\/1272020\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/media?parent=1272020"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/categories?post=1272020"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/tags?post=1272020"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}