{"id":184862,"date":"2024-05-30T14:52:15","date_gmt":"2024-05-30T14:52:15","guid":{"rendered":"https:\/\/www.ghanamma.com\/2024\/05\/30\/lets-wait-for-bawumia-to-draft-long-term-framework-to-tackle-cedis-fall-dr-amoah-to-ghanaians\/"},"modified":"2024-05-30T14:52:15","modified_gmt":"2024-05-30T14:52:15","slug":"lets-wait-for-bawumia-to-draft-long-term-framework-to-tackle-cedis-fall-dr-amoah-to-ghanaians","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2024\/05\/30\/lets-wait-for-bawumia-to-draft-long-term-framework-to-tackle-cedis-fall-dr-amoah-to-ghanaians\/","title":{"rendered":"Let\u2019s wait for Bawumia to draft long-term framework to tackle cedi\u2019s fall \u2013 Dr. Amoah to Ghanaians \u2013"},"content":{"rendered":"<p><\/p>\n<div>\n<p>Deputy Minister of Finance, Dr. Stephen Amoah, has called on Ghanaians to support the flagbearer of the\u00a0New Patriotic Party\u00a0(NPP),\u00a0Dr. Mahamudu Bawumia, in the 2024 general elections.<\/p>\n<p>He believes that Dr. Bawumia has the ability to address the depreciation of the cedi if elected president.<\/p>\n<p>Dr. Amoah, who is also a Member of\u00a0Parliament\u00a0for Nhyiaeso, suggested that Dr. Bawumia\u2019s administration would create a long-term national framework to address the cedi\u2019s depreciation and bring stability to the local currency, which is currently experiencing one of its worst declines in decades.<\/p>\n<p>In an interview with Accra-based Citi FM on Thursday, May 30, 2024, Dr. Amoah stated, \u201cHe [Dr. Bawumia] can develop a long-term framework to address the cedi\u2019s depreciation.<\/p>\n<p>\u201cWe are doing our best to stabilise the Cedi, which I said is a short-term approach, but we need a long-term approach to resolve the issue through a framework, and then I proposed that to achieve that, we will design a long-term approach when Dr Mahamudu Bawumia is elected president,\u201d Dr. Amoah added.<\/p>\n<p>The deputy finance minister also attributed the cedi\u2019s depreciation to excessive importation and urged for patience as the government works towards resolving the currency\u2019s issues in the short term.<\/p>\n<p>The cedi is currently the third-worst performing currency in the world this year, according to Bloomberg, and its instability has significantly impacted the cost of living and inflationary pressures in Ghana.<\/p>\n<p>MA<\/p>\n<p><strong>Source:\u00a0<\/strong>www.ghanaweb.com<\/p>\n<p><!-- CONTENT END 1 --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Deputy Minister of Finance, Dr. Stephen Amoah, has called on Ghanaians to support the flagbearer of the\u00a0New Patriotic Party\u00a0(NPP),\u00a0Dr. Mahamudu Bawumia, in the 2024 general elections. He believes that Dr. Bawumia has the ability to address the depreciation of the cedi if elected president. Dr. Amoah, who is also a Member of\u00a0Parliament\u00a0for Nhyiaeso, suggested that [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":184863,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[],"class_list":["post-184862","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Let\u2019s wait for Bawumia to draft long-term framework to tackle cedi\u2019s fall \u2013 Dr. Amoah to Ghanaians \u2013 - Ghanamma.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ghanamma.com\/2024\/05\/30\/lets-wait-for-bawumia-to-draft-long-term-framework-to-tackle-cedis-fall-dr-amoah-to-ghanaians\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Let\u2019s wait for Bawumia to draft long-term framework to tackle cedi\u2019s fall \u2013 Dr. Amoah to Ghanaians \u2013 - Ghanamma.com\" \/>\n<meta property=\"og:description\" content=\"Deputy Minister of Finance, Dr. Stephen Amoah, has called on Ghanaians to support the flagbearer of the\u00a0New Patriotic Party\u00a0(NPP),\u00a0Dr. Mahamudu Bawumia, in the 2024 general elections. He believes that Dr. Bawumia has the ability to address the depreciation of the cedi if elected president. Dr. Amoah, who is also a Member of\u00a0Parliament\u00a0for Nhyiaeso, suggested that [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.ghanamma.com\/2024\/05\/30\/lets-wait-for-bawumia-to-draft-long-term-framework-to-tackle-cedis-fall-dr-amoah-to-ghanaians\/\" \/>\n<meta property=\"og:site_name\" content=\"Ghanamma.com\" \/>\n<meta property=\"article:published_time\" content=\"2024-05-30T14:52:15+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.ghanamma.com\/2024\/wp-content\/uploads\/2024\/05\/image-1821.png\" \/>\n\t<meta property=\"og:image:width\" content=\"300\" \/>\n\t<meta property=\"og:image:height\" content=\"197\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Ghana News\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Ghana News\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/05\\\/30\\\/lets-wait-for-bawumia-to-draft-long-term-framework-to-tackle-cedis-fall-dr-amoah-to-ghanaians\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/05\\\/30\\\/lets-wait-for-bawumia-to-draft-long-term-framework-to-tackle-cedis-fall-dr-amoah-to-ghanaians\\\/\"},\"author\":{\"name\":\"Ghana News\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/#\\\/schema\\\/person\\\/c70749f3edfbfcd92d45e933f0fe10b5\"},\"headline\":\"Let\u2019s wait for Bawumia to draft long-term framework to tackle cedi\u2019s fall \u2013 Dr. Amoah to Ghanaians \u2013\",\"datePublished\":\"2024-05-30T14:52:15+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/05\\\/30\\\/lets-wait-for-bawumia-to-draft-long-term-framework-to-tackle-cedis-fall-dr-amoah-to-ghanaians\\\/\"},\"wordCount\":258,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/05\\\/30\\\/lets-wait-for-bawumia-to-draft-long-term-framework-to-tackle-cedis-fall-dr-amoah-to-ghanaians\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/wp-content\\\/uploads\\\/2024\\\/05\\\/image-1821.png\",\"articleSection\":[\"Business\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/05\\\/30\\\/lets-wait-for-bawumia-to-draft-long-term-framework-to-tackle-cedis-fall-dr-amoah-to-ghanaians\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/05\\\/30\\\/lets-wait-for-bawumia-to-draft-long-term-framework-to-tackle-cedis-fall-dr-amoah-to-ghanaians\\\/\",\"url\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/05\\\/30\\\/lets-wait-for-bawumia-to-draft-long-term-framework-to-tackle-cedis-fall-dr-amoah-to-ghanaians\\\/\",\"name\":\"Let\u2019s wait for Bawumia to draft long-term framework to tackle cedi\u2019s fall \u2013 Dr. Amoah to Ghanaians \u2013 - 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