{"id":241424,"date":"2024-10-29T14:08:15","date_gmt":"2024-10-29T14:08:15","guid":{"rendered":"https:\/\/www.ghanamma.com\/2024\/10\/29\/the-ghanaian-economy-is-no-more-in-your-vocabulary\/"},"modified":"2024-10-29T14:08:15","modified_gmt":"2024-10-29T14:08:15","slug":"the-ghanaian-economy-is-no-more-in-your-vocabulary","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2024\/10\/29\/the-ghanaian-economy-is-no-more-in-your-vocabulary\/","title":{"rendered":"The Ghanaian economy is no more in your vocabulary"},"content":{"rendered":"<p><\/p>\n<div style=\"-webkit-user-select: none; -webkit-touch-callout: none; -moz-user-select: none; -ms-user-select: none; user-select: none;\">\n<p id=\"article-123\">Former President John Mahama has asked Vice President Mahamudu Bawumia, \u201cwhy the exchange rate is GH\u00a217 to the dollar?\u201d<\/p>\n<p>This is just one of a series of questions that the flagbearer of the main opposition National Democratic Congress posed to his main rival in the 7 December 2024 presidential contest while campaigning in the Northern Region.<\/p>\n<p>In Mr Mahama\u2019s view, Dr Bawumia, the flagbearer of the incumbent New Patriotic Party, has shifted focus from his economic lectures to pursuing digitalisation initiatives.<\/p>\n<p>To Mr Mahama, the shift reflects a shirking of Dr Bawumia\u2019s duty as the head of the economic management team tasked with fixing the country\u2019s ailing economy.<\/p>\n<p>Mr Mahama observed that it is worrying for a Vice President who was \u201cgbe gbe gbe gbe about the economy\u201d to suddenly go quiet on major economic issues to the extent that today, he cannot even mention the word \u201ceconomy\u201d.<\/p>\n<p>\u201cIt [economy] is not in his vocabulary,\u201d Mr Mahama mocked, adding: \u201cAnytime he opens his mouth, \u2018digitalisation.\u2019\u201d<\/p>\n<p>He, thus, posed the exchange rate question, among others, to Dr Bawumia and dared him to answer them just as he, as vice president, taunted his late opposite number, Kwesi Amissah-Arthur, with some 170 questions ahead of the 2020 elections.<\/p>\n<p>\u201cWhy has Ghana\u2019s debt risen from GH\u00a2120 billion to GH\u00a2767 billion in eight years? Why is inflation where it is? Why did it rise to 54 percent under your administration for eight years? Why did you borrow GH\u00a242 billion from the Bank of Ghana?\u201d Mr Mahama listed.<\/p>\n<p><b>Watch the latest edition of BizHeadlines below:<\/b><\/p>\n<p><div class=\"youtube-embed\" data-video_id=\"PHpJ4D6mOtY\"><iframe loading=\"lazy\" title=\"Next of Kin not an automatic beneficiary of a deceased&#039;s bank accounts | BizHeadlines\" width=\"696\" height=\"392\" src=\"https:\/\/www.youtube.com\/embed\/PHpJ4D6mOtY?feature=oembed&#038;enablejsapi=1\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/div>\n<\/p>\n<p>Click here to follow the GhanaWeb Business WhatsApp channel<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Former President John Mahama has asked Vice President Mahamudu Bawumia, \u201cwhy the exchange rate is GH\u00a217 to the dollar?\u201d This is just one of a series of questions that the flagbearer of the main opposition National Democratic Congress posed to his main rival in the 7 December 2024 presidential contest while campaigning in the Northern [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":220577,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[],"class_list":["post-241424","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 - 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