Ghana's Cedi Crisis: Bawumia's Economic Policies Under Scrutiny

Ghanaian Cedi's Plummet: Bawumia's Economic Legacy Questioned Ghana's economy has been facing significant challenges, with the value of the cedi sharply declining against major currencies. This has led to public debate and criticism of the government's economic policies. A recent video circulating on social media has reignited this discussion, questioning the credibility of former government official, Bawumia, to comment on the cedi's value. The video features a news segment showing Bawumia lecturing on the economy. The presenter directly questions Bawumia's authority, stating, "What right has Bawumia got in lecturing us on the value of the cedi?" The video highlights the cedi's fall from approximately 3.4 to 17 against the US dollar during Bawumia's tenure. This sharp decline has significantly impacted the cost of living for many Ghanaians. The video's commentary underscores the need for transparency and accountability in government economic management. It serves as a reminder of the significant impact of economic policies on the lives of ordinary citizens. The ongoing debate surrounding the cedi's devaluation and the government's response is a crucial aspect of Ghana's current political landscape.